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Archive - 9/5/2025 - Sign In to see current Signals. |
Public Serv. Enterprise Inc. (PEG) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Public Serv. Enterprise Inc. (PEG). During the week, the PEG dropped -1.21 points, or -1.47%, and closed at 81.12 on Friday, September 5, 2025. Weekly volume was -24% below average. PEG is a member of Utilities Sector. Utilities is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PEG long-term trend chart] A long-term uptrend had started on October 10, 2008 at 22.09 and reached 95.22 on November 27, 2024. PEG gained -73.13 points, or -331.05%, in 841 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 58.70 and resistance is at 87.14. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See PEG medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 74.67 and reached 91.26 on August 5, 2025. PEG gained -16.59 points, or -22.22%, in 17 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (79.99) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See PEG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since June 20, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See PEG short-term trend chart] A short-term downtrend had started on August 5, 2025 at 91.26 and reached 80.51 on September 5, 2025. PEG lost 10.75 points, or 11.78%, in 31 days. The price is now at the 5.67% retracement level.
Daily Technical Indicators: [See PEG daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since August 5, 2025. This is an indication that the short-term trend is down. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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