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Pub Serv Enterp Bullish Moving Average Crossover Alert (PEG)

By Shiri Gupta

Today, shares of Pub Serv Enterp (NYSE:PEG) have crossed bullishly above their 10-day moving average of $50.11 on a volume of 558K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Pub Serv Enterp have traded between a low of $39.28 and a high of $53.28 and are now at $50.24, which is 28% above that low price. The 200-day and 50-day moving averages have moved 0.24% higher and 0.51% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Pub Serv Enterp and will alert subscribers who have PEG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses pub serv enterp

Ticker(s): PEG