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Downtrend Broken Resist.Archive - 2/20/2026 - 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 gave back -0.80 points, or -0.93%, and closed at 85.57 on Friday, February 20, 2026. Weekly volume was -18% below 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 59.70 and resistance is at 88.84. 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 August 5, 2025 at 91.26 and reached 77.31 on January 8, 2026. PEG lost 13.95 points, or 15.29%, in 22 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (76.63) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. PEG may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See PEG weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is above its signal line since February 6, 2026. Use the following link to access a MACD help.
Short-term trend: [See PEG short-term trend chart] A short-term uptrend had started on January 8, 2026 at 77.31 and reached 87.53 on February 17, 2026. PEG gained -10.22 points, or -13.22%, in 40 days. The price is now at the 19.18% retracement level.
Daily Technical Indicators: [See PEG daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since January 14, 2026. This is an indication that the short-term trend is up.
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