Public Service Enterprise Group Inc (PEG): Price Now Near $60.73; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for PEG

At the time of this writing, PEG (Get Ratings)’s price is down $-0.01 (-0.02%) from the hour prior. PEG has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

PEG’s Technical Outlook on the Daily Chart

At the time of this writing, PEG’s price is up $0.08 (0.13%) from the day prior. This is the 2nd day in a row PEG has seen its price head up. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Public Service Enterprise Group Inc’s price action over the past 90 days can be seen via the chart below.

PEG

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market