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Public Service Enterprise Group stock price ended at $65.87 on Friday, after losing 0.87%.
(Updated on Apr 12, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 1.29% PDF

The Public Service Enterprise Group stock price fell by -0.87% on the last day (Friday, 12th Apr 2024) from $66.45 to $65.87. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.61% from a day low at $65.80 to a day high of $66.86. The price has fallen in 6 of the last 10 days and is down by -1.36% for this period. Volume has increased on the last day by 36 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $121.20 million.

The stock lies in the lower part of a narrow and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $65.43 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 18.78% during the next 3 months and, with a 90% probability hold a price between $77.72 and $80.45 at the end of this 3-month period.

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PEG Signals & Forecast

The Public Service Enterprise Group stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $66.50. On a fall, the stock will find some support from the long-term average at approximately $64.63. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -1.98%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Public Service Enterprise Group stock

On the downside, the stock finds support just below today's level from accumulated volume at $62.40 and $58.55. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Public Service Enterprise Group finds support just below today's level at $62.40. If this is broken, then the next support from accumulated volume will be at $58.55 and $58.20.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.06 between high and low, or 1.61%. For the last week the stock has had daily average volatility of 1.39%.

Our recommended stop-loss: $63.56 (-3.51%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (PEG) For The Upcoming Trading Day Of Monday 15th

For the upcoming trading day on Monday, 15th we expect Public Service Enterprise Group Incorporated to open at $66.18, and during the day (based on 14 day Average True Range), to move between $64.81 and $66.93, which gives a possible trading interval of +/-$1.06 (+/-1.61%) up or down from last closing price. If Public Service Enterprise Group Incorporated takes out the full calculated possible swing range there will be an estimated 3.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $66.42 (0.83%) than the support at $62.40 (5.27%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Public Service Enterprise Group Incorporated stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Public Service Enterprise Group stock to perform well in the short-term.

Current score: 3.155 Buy Candidate Unchanged

Predicted Opening Price for Public Service Enterprise Group Incorporated of Monday, April 15, 2024

Fair opening price April 15, 2024 Current price
$66.18 ( 0.466%) $65.87

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PEG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 67.24 2.07 %
R2 66.83 1.46 %
R1 66.58 1.08 %
Current price: 65.87
Support S1 65.77 -0.149 %
S2 65.52 -0.529 %
S3 65.12 -1.14 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 66.65 1.18 %
R2 66.64 1.17 %
R1 66.42 0.83 %
Current price 65.87
Support S1 62.40 -5.27%
S2 58.55 -11.11%
S3 58.20 -11.64%

PEG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 13, 2024 Mar 07, 2024 Mar 29, 2024 $0.600 0.90%
2 Dec 07, 2023 Dec 07, 2023 Dec 29, 2023 $0.570 0.93%
3 Jul 17, 2023 Sep 07, 2023 Sep 29, 2023 $0.570 1.00%
4 Apr 18, 2023 Jun 08, 2023 Jun 30, 2023 $0.570 0.91%
5 Feb 14, 2023 Mar 09, 2023 Mar 31, 2023 $0.570 0.91%

FAQ

What is the symbol for Public Service Enterprise Group Incorporated Stock and on which exchange is it traded?
The symbol for Public Service Enterprise Group Incorporated is PEG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Public Service Enterprise Group Incorporated Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Public Service Enterprise Group stock to perform well in the short-term.

How to buy Public Service Enterprise Group Incorporated Stock?
Public Service Enterprise Group Incorporated Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Public Service Enterprise Group Incorporated Stock.

What's the current price of Public Service Enterprise Group Incorporated Stock?
As of the end of day on the 2024-04-12, the price of an Public Service Enterprise Group Incorporated (PEG) share was $65.87.

What is the 52-week high and low for Public Service Enterprise Group Incorporated Stock?
The 52-week high for Public Service Enterprise Group Incorporated Stock is $67.51 and the 52-week low is $53.71.

What is the market capitalization of Public Service Enterprise Group Incorporated Stock?
As of the 2024-04-12, the market capitalization of Public Service Enterprise Group Incorporated is 32.842B.

When is the next earnings date for Public Service Enterprise Group Incorporated?
The upcoming earnings date for Public Service Enterprise Group Incorporated is Apr 30, 2024.
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About Public Service Enterprise Group Incorporated

Public Service Enterprise Grouporporated Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers... PEG Profile

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