PENSKE AUTOMOTIVE GROUP INC (PAG) Technical Analysis
NYSE:PAG • US70959W1036
Current stock price
PAG Technical Rating and Analysis
Overall PAG gets a technical rating of 0 out of 10. PAG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PAG is a bad performer in the overall market: 65% of all stocks are doing better.
- PAG is currently trading in the lower part 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.
- PAG is an average performer in the Specialty Retail industry, it outperforms 57% of 123 stocks in the same industry.
- In the last month PAG has a been trading in the 140.12 - 160.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
PAG Weekly and Daily overview Charts
PAG Setup Rating and Analysis
PAG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 148.90. Right above this resistance zone may be a good entry point.
More info and screens
PAG Support and Resistance Analysis
138.96
When analyzing the support we notice one important area.
- A support zone ranging from 140.36 to 140.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 148.90 to 150.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 166.81 to 167.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 176.51 to 176.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
PAG Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for PAG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAG is down. |
| ChartMill Relative Strength | 35.89 | NEUTRAL | PAG is not amongst the best or worst performers 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) | 44.33 | NEUTRAL | The RSI value for PAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests PAG has a positive trend. |
| Stochastics (14,3) | 43.04 | NEUTRAL | The Stochastics value for PAG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for PAG suggests some volalility. |
| Average Directional Index/ADX (14) | 28.29 | POSITIVE | The high ADX value value for PAG suggests a strong trend. |
PAG Chart- and CandleStick Pattern Analysis
PAG Technicals: Chart, Performance Metrics, Trend & Indicators
148.89
+0.78 (+0.53%)
PENSKE AUTOMOTIVE GROUP INC / PAG TA 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 44.326. 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 0.373503, indicating a bearish trend.
What is the buy/sell signal for PAG stock?
The buy/sell signal for PENSKE AUTOMOTIVE GROUP INC (PAG) is sell as both the short term and long term trends are negative.