Shares of Integrys Energy (NYSE:TEG) have bearishly opened below the pivot of $55.30 today and have reached the first support level of $55.10. Should the shares continue to fall, the support pivots of $54.73 and $54.16 will be of interest.
There is potential upside of 1.6% for shares of Integrys Energy based on a current price of $55.10 and an average consensus analyst price target of $56.00. The stock should find initial support at its 200-day moving average (MA) of $54.89 and further support at its 50-day MA of $53.57.
In the past 52 weeks, shares of Integrys Energy have traded between a low of $50.89 and a high of $61.92 and are now at $55.10, which is 8% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.
Integrys Energy Group, Inc. distributes electricity and natural gas to customers in the upper midwestern United States.