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Pub Serv Enterp Bullish Moving Average Crossover Alert (PEG)

By James Quinn

Pub Serv Enterp (NYSE:PEG) crossed over its 10-day moving average of $54.73 on a volume of 339K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Pub Serv Enterp has traded in a range of $46.19 to $56.68 and is now at $55.15, 19% above that low. The 200-day and 50-day moving averages have moved 0.27% higher and 0.54% 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