PENSKE AUTOMOTIVE GROUP INC (PAG) Stock Technical Analysis
NYSE:PAG • US70959W1036
Overall PAG gets a technical rating of 0 out of 10. PAG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 76% of all other stocks performed better in the past year than PAG.
- In the last month PAG has a been trading in the 150.77 - 179.34 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- PAG is an average performer in the Specialty Retail industry, it outperforms 45% of 123 stocks in the same industry.
- PAG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PAG is lagging the market slightly.
PAG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 154.86, a Stop Loss order could be placed below this zone.
More info and screens
142.30
2 important support areas can be observed.
- Support @154.86 from a horizontal line in the daily time frame.
- Support @143.74 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @158.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 161.45 to 171.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 176.69 to 177.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PAG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAG is down. |
| ChartMill Relative Strength | 24.63 | NEGATIVE | PAG has a low relative strength, it was outperformed by 75.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.27 | NEUTRAL | The RSI value for PAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.29 | NEGATIVE | The MACD value suggests PAG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.42 | OVERSOLD | The low Stochastics value suggests PAG may be oversold. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for PAG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.96 | NEGATIVE | The low ADX value for PAG suggests a weak or negative trend. |
156.92
+0.17 (+0.11%)
PENSKE AUTOMOTIVE GROUP INC / PAG FAQ
What is the ChartMill technical rating of PENSKE AUTOMOTIVE GROUP INC (PAG) stock?
ChartMill assigns a technical rating of 0 / 10 to PAG.
What is the trend direction for PAG stock?
The current trend direction for PENSKE AUTOMOTIVE GROUP INC (PAG) is Bearish.
What is the RSI signal for PAG stock?
PENSKE AUTOMOTIVE GROUP INC (PAG) has an RSI value of 40.2722. This indicates that the stock is currently neutral.
What is the MACD signal for PAG stock?
The MACD indicator for PENSKE AUTOMOTIVE GROUP INC (PAG) has a value of -1.28572, indicating a bearish trend.