Shares of Pepco Holdings (NYSE:POM) opened today above their pivot of $20.39 and have already reached the first level of resistance at $20.67. Should the shares continue to rise, the resistance pivots of $20.82 and $21.25 will be of interest.
Pepco Holdings (NYSE:POM) is currently priced 3.4% above its average consensus analyst price target of $20.00. Pepco Holdings shares have support at the 50-day moving average (MA) of $19.68 and additional support at the 200-day MA of $19.42.
In the past 52 weeks, shares of Pepco Holdings have traded between a low of $18.14 and a high of $20.75 and are now at $20.70, which is 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.2%.
Pepco Holdings, Inc. is a diversified energy company. The Company primarily distributes, transmits, and supplies electricity and supplies natural gas to customers in New Jersey, Delaware, Maryland, and the District of Columbia.