PEGASYSTEMS INC (PEGA) Technical Analysis
NASDAQ:PEGA • US7055731035
Current stock price
PEGA Technical Rating and Analysis
Taking everything into account, PEGA scores 1 out of 10 in our technical rating. PEGA'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 72% of all other stocks performed better in the past year than PEGA.
- In the last month PEGA has a been trading in the 40.44 - 48.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PEGA is one of the better performing stocks in the Software industry, it outperforms 76% of 277 stocks in the same industry.
- PEGA has an average volume of 2363200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PEGA 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 PEGA is lagging the market slightly.
PEGA Weekly and Daily overview Charts
PEGA Setup Rating and Analysis
The technical rating of PEGA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PEGA Support and Resistance Analysis
34.55
3 important support areas can be observed.
- Support @41.08 from a trend line in the weekly time frame.
- Support @40.11 from a horizontal line in the weekly time frame.
- Support @34.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 44.56 to 45.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 47.25 to 48.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 57.22 to 57.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
PEGA 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 PEGA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEGA is down. |
| ChartMill Relative Strength | 28.76 | NEGATIVE | PEGA has a low relative strength, it was outperformed by 71.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PEGA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PEGA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEGA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.28 | NEUTRAL | The RSI value for PEGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PEGA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.97 | NEUTRAL | The Stochastics value for PEGA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for PEGA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for PEGA suggests a possible start of a new trend. |
PEGA Chart- and CandleStick Pattern Analysis
PEGA Technicals: Chart, Performance Metrics, Trend & Indicators
42.45
-0.05 (-0.12%)
PEGASYSTEMS INC / PEGA TA FAQ
What is the ChartMill technical rating of PEGASYSTEMS INC (PEGA) stock?
ChartMill assigns a technical rating of 1 / 10 to PEGA.
What is the trend direction for PEGA stock?
The current trend direction for PEGASYSTEMS INC (PEGA) is Bearish.
Can you provide the RSI signal for PEGASYSTEMS INC?
PEGASYSTEMS INC (PEGA) has an RSI value of 41.2791. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PEGASYSTEMS INC?
The MACD indicator for PEGASYSTEMS INC (PEGA) has a value of 0.0485257, indicating a bearish trend.
What are the support and resistance levels for PEGASYSTEMS INC (PEGA) stock?
PEGASYSTEMS INC (PEGA) has a support level at 41.08 and a resistance level at 44.56. Check the full technical report for our detailed analysis of PEGA support and resistance levels.