We assign a technical rating of 6 out of 10 to PEGA. Although PEGA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PEGA has an average technical rating and it also does not offer a high 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.
33.77
5 important support areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for PEGA is neutral. |
| ChartMill Relative Strength | 79.58 | POSITIVE | PEGA has a high relative strength, it outperformed 79.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEGA is above 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) | 60.21 | NEUTRAL | The RSI value for PEGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests PEGA has a positive trend. |
| Stochastics (14,3) | 61.65 | NEUTRAL | The Stochastics value for PEGA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for PEGA suggests some volalility. |
| Average Directional Index/ADX (14) | 18 | NEGATIVE | The low ADX value for PEGA suggests a weak or negative trend. |
61.17
+2.28 (+3.87%)
ChartMill assigns a technical rating of 6 / 10 to PEGA.
The current trend direction for PEGASYSTEMS INC (PEGA) is Bullish.
PEGASYSTEMS INC (PEGA) has an RSI value of 60.2096. This indicates that the stock is currently neutral.
The MACD indicator for PEGASYSTEMS INC (PEGA) has a value of 0.257443, indicating a bearish trend.