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PEG Stock Forecast & Public Service Enterprise Chart Analysis

This article provides a detailed analysis of PEG-Public Service Enterprise stock including a forecast for PEG shares. It features Public Service Enterprise Group Incorporated technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

PEG Historical Data Review

PEG Current Price Performance Analysis

The Public Service Enterprise - PEG stock traded on the American stock market, on 06-05-2024, closed at 74.86$ with a %0.70 increased compared to the previous day.

In the last month, the price of PEG changed by %4.93 increased in value, from 71.34 dollars on 05-06-2024 to 74.86 dollars, increased.

Last year, the price of PEG was 61.57 dollars on 06-06-2023, and changed by %21.59 increased in value, to 74.86 dollars increased within a year.

The price of Public Service Enterprise stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

PEG with AI Stock Forecast & Price Target

PEG stock forecast Public Service Enterprise price target

On the PEG chart Public Service Enterprise price was recorded as 74.86 Dollars on 06/05/2024.

The artificial intelligence's forecast on PEG stock is as follows.

The artificial intelligence's prediction error margin for PEG stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Public Service Enterprise stock over the next 4 months is: 69.9 Dollars.

The commentary on PEG stock Target Price: Highest: 71.682 Dollars is predicted.

The commentary on PEG stock Target Price: Lowest: 67.412 Dollars is predicted.

Resistance Price where Public Service Enterprise stock will Rise and Fall:

Date Price Prediction
06-20-2024 71.531
10-03-2024 71.007
12-12-2024 71.524
02-20-2025 71.682

Support Price where Public Service Enterprise stock will Fall and Rise:

Date Price Prediction
08-09-2024 67.412
11-07-2024 68.970
01-16-2025 68.124
03-27-2025 70.186

The commentary on PEG stock: Fluctuations in the target price can be expected in the coming days.

The target price for Public Service Enterprise stock by the end of 2024 is predicted to be 69.992 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on PEG stock, and the 2024 target price predictions for Public Service Enterprise are detailed above.

The technical analysis and charts for the commentary on PEG stock are below.

PEG Support & Resistance and Trend Analysis

PEG review Public Service Enterprise technical analysis trend chart PEG pricePEG stock support and resistance price chart

PEG stock you have reviewed the technical analysis support resistance charts regarding.

PEG : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the PEG review, the Public Service Enterprise support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Public Service Enterprise Support and Resistance Prices:

PEG Support Level Price PEG Resistance Level Price
56.85 60.10
57.24 62.31
60.03 64.95
60.87 65.22
60.92 65.59
63.31 67.51
64.03 75.82
73.16

PEG Technical Analysis: SMA, RSI, MACD

PEG review Public Service Enterprise SMA chart analysis PEG pricePEG buy or sell review Public Service Enterprise MACD chart analysis PEG price

Upon reviewing the PEG chart, buy and sell signals have been generated in the Public Service Enterprise technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for PEG stock are as follows:
  1. The technical analysis for Public Service Enterprise indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Public Service Enterprise stock: Click here to read more predictions on Xylem stock.

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