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PENDRAGON PLC (PDG.L) Stock Technical Analysis

LON:PDG - London Stock Exchange, The - GB00B1JQBT10 - Common Stock - Currency: GBX

35.4  +0.05 (+0.14%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to PDG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PDG is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PDG is one of the better performing stocks in the market, outperforming 97% of all stocks.
PDG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PDG is leading the market.
In the last month PDG has a been trading in the 33.33 - 36.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PENDRAGON PLC / PDG Weekly stock chart
PENDRAGON PLC / PDG Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, PDG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

22.10

36.67

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 32.83 to 33.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 31.70 to 31.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @30.84 from a horizontal line in the daily time frame.
  • Support @23.24 from a trend line in the weekly time frame.
  • Support @22.32 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @36.31 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.28
Mansfield3.08
10 Day High36.4
10 Day Low34.35
20 Day High36.4
20 Day Low33.33
52 Week High36.4
52 Week Low15.2
Performance
1 Week-0.21%
2 Weeks-1.8%
1 Month6.15%
3 Month10.97%
6 Month86.51%
12 Month80.15%
2 Year64.65%
3 Year147.55%
5 Year40.48%
10 Year5.67%
15 Year796.2%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)57.66
LBB33.9
UBB36.52
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
36.3234.341.98 (5.45%)18.34%
An entry @36.32. This is a Buy Stop order right above the resistance zone.An exit @34.34. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.98 points, which is 5.45%.When investing 18.34% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PENDRAGON PLC / PDG Daily stock chart

PENDRAGON PLC

LON:PDG (2/13/2024, 5:28:05 PM)

35.4

+0.05 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week-0.21%
2 Weeks-1.8%
1 Month6.15%
3 Month10.97%
6 Month86.51%
12 Month80.15%
2 Year64.65%
3 Year147.55%
5 Year40.48%
10 Year5.67%
15 Year796.2%
Volatility
ATR(14)0.84
ATR(20)%2.3%
ATR Inc-32.67%
Range Today0.4
ADR(20)0.7
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.28
Mansfield3.08
10 Day High36.4
10 Day Low34.35
20 Day High36.4
20 Day Low33.33
52 Week High36.4
52 Week Low15.2
CS1 End33.43
CR1 Start36.31
Volume & EV
DER(3)-0.96%
DER(5)-0.58%
Volume101.63K
Volume Incr-43.76%
Vol(5)231.44K
Vol(50)356.71K