PEGASYSTEMS INC (PEGA) Stock Technical Analysis
NASDAQ:PEGA - Nasdaq - US7055731035 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to PEGA. In the last year, PEGA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PEGA did better than 95% of all other stocks.
PEGA is part of the Software industry. There are 284 other stocks in this industry. PEGA outperforms 88% of them.
PEGA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PEGA is performing more or less in line with the market.
PEGA has an average volume of 1105830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PEGA has a been trading in the 95.07 - 105.50 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.
PEGA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
65.77
104.32
2 important support areas can be observed.
- Support @96.04 from a horizontal line in the daily time frame.
- Support @66.43 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 99.52 to 101.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @103.29 from a horizontal line 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 | UP | POSITIVE | The long term trend for PEGA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEGA is up. |
| ChartMill Relative Strength | 95.06 | POSITIVE | PEGA has a high relative strength, it outperformed 95.06% 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) | UP | POSITIVE | The current price of PEGA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PEGA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.12 | NEUTRAL | The RSI value for PEGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests PEGA has a negative trend. |
| Stochastics (14,3) | 66.75 | NEUTRAL | The Stochastics value for PEGA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for PEGA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.86 | POSITIVE | The high ADX value value for PEGA suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 101.34 | 96.03 | 5.31 (5.24%) | 19.08% |
| An entry @101.34. This is a Buy Stop order right above the resistance zone. | An exit @96.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.31 points, which is 5.24%. | When investing 19.08% 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.
98.84
-2.37 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.34%
1 Week-3.53%
2 Weeks0.7%
1 Month0.12%
3 Month37.3%
6 Month4.49%
12 Month71.9%
2 Year100.49%
3 Year106.61%
5 Year-2.3%
10 Year331.8%
15 Year515.63%
Volatility
ATR(14)2.26
ATR(20)%2.6%
ATR Inc8.93%
Range Today1.95
ADR(20)2.28
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.06
Mansfield1.74
10 Day High103.3
10 Day Low95.97
20 Day High105.5
20 Day Low95.07
52 Week High113.67
52 Week Low55.9
CS1 End96.04
CR1 Start99.52
Volume & EV
DER(3)2.27%
DER(5)1.02%
Volume663.20K
Volume Incr-51.07%
Vol(5)625.98K
Vol(50)1.11M