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- 7/17/2026 -
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Public Serv. Enterprise Inc. (PEG) Technical Analysis

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Summary:
Weekly :Overbought sectorTrend support at 79.11
Daily :Price has crossed below the 50 Day Moving AverageLane's Stochastic is oversoldA Parabolic SAR indicator is below and near the price
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It was the negative week for the Public Serv. Enterprise Inc. (PEG). During the week, the PEG dropped -1.91 points, or -2.37%, and closed at 78.64 on Friday, July 17, 2026. Weekly volume was 9% above average.

PEG is a member of Utilities Sector. Utilities is the 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 60.57 and resistance is at 90.33. 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 downtrend had started on November 27, 2024 at 95.22 and reached 74.67 on April 7, 2025. PEG lost 20.55 points, or 21.58%, in 18 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (79.11) 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 18, 2026. The distance between MACD and the signal line is low and getting smaller. 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 June 26, 2026 at 83.70 and reached 78.29 on July 17, 2026. PEG lost 5.41 points, or 6.46%, in 21 days. The price is now at the 6.47% retracement level.

Daily Technical Indicators: [See PEG daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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 link to access Lane's Stochastic help.

The daily MACD line is below its signal line since July 2, 2026. This is an indication that the short-term trend is down.

A Parabolic SAR (stop and reversal) indicator (78.85) comes close to the price (78.64). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.71
Williams' Percentage Range (W%R) 62.40
Lane's Stochastic (%D-Slow) 18.27
Oversold
Greed/Fear Indicator (GFI) 27.84
Moving Average Converg./Diverg. (MACD) 0.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.04
Williams' Percentage Range (W%R) 63.10
Lane's Stochastic (%D-Slow) 65.11
Greed/Fear Indicator (GFI) 50.69
Moving Average Converg./Diverg. (MACD) -0.55
Trading Signals
Description Value Chart
Yearly Trendline Resistance 90.33
Quarterly Trendline Resistance 85.32
Upper Bollinger Band 82.62
Weekly Stochastic Crossing 81.39
20 Day Moving Average 80.98
50 Day Moving Average 79.47
Quarterly Trendline Support 79.11
Daily Stochastic Crossing 78.86
Parabolic System 78.85
Price 78.64
Lower Bollinger Band 78.10
Sector and Industry
Description Name Rank
Sector Utilities 9
Industry Electric Utilities 74
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 83.70
High Date 06/26/2026
Low 78.29
Low Date 07/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 87.63
High Date 02/26/2026
Low 76.05
Low Date 05/18/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 91.26
High Date 08/05/2025
Low 76.05
Low Date 05/18/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Test Support
Resistance 85.32
Support 79.11
High 95.22
High Date 11/27/2024
Low 74.67
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 90.33
Support 60.57
Low 22.09
Low Date 10/10/2008
High 95.22
High Date 11/27/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.