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Public Service Enterprise Group Crosses Above its 10-day MA (PEG)

By James Quinn

Public Service Enterprise Group (NYSE:PEG) crossed over its 10-day moving average of $44.41 on a volume of 883K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Public Service Enterprise Group share prices have moved between a 52-week high of $47.41 and a 52-week low of $36.80 and are now trading 21% above that low price at $44.59 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Public Service Enterprise Group and will alert subscribers who have PEG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses public service enterprise group

Ticker(s): PEG