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Pub Serv Enterp Bullish Moving Average Crossover Alert (PEG)

By David Diaz

Today, shares of Pub Serv Enterp (NYSE:PEG) have advanced above their 10-day MA of $52.13 on a volume of 326K shares. Swing traders may find 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 $42.48 to $54.50 and is now at $52.31, 23% above that low. The 200-day and 50-day moving averages have moved 0.17% higher and 0.02% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Pub Serv Enterp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Pub Serv Enterp in search of a potential trend change.

Keywords: moving crosses pub serv enterp

Ticker(s): PEG