Analysis Summary for Public Service Enterprise Group Incorporated (PEG)
Date of Analysis: January 30th, 2025
Time Target: A major up-cycle composite is expected to arrive in October 2025. After putting in a top, PEG will sell off to its down-cycle composite, which is expected to arrive around March 2026.
Price Target: November 2024 high makes no mathematical sense, meaning that PEG is going to surge higher. Our primary target is located at $97 +/- $1 with stop loss on $100. If PEG breaks above our stop loss, the secondary target will become $108 +/- $3.
Projected Move: Our software proposes that PEG is going to develop a top to bottom fast move from approximately $97 to $64 (~30%) within 6-9 months.
In summary, PEG is expected to develop a top to bottom fast move approximately from October 2025 to March 2026. The drop in price is expected to be from $97 a share to $64 (down 30%).
