PEGASYSTEMS INC (PEGA) Technical Analysis
NASDAQ:PEGA • US7055731035
Current stock price
PEGA Technical Rating and Analysis
Taking everything into account, PEGA scores 0 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.
- 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, PEGA is a bad performer in the overall market: 70% of all stocks are doing better.
- PEGA 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 PEGA is lagging the market.
- PEGA is part of the Software industry. There are 275 other stocks in this industry. PEGA outperforms 74% of them.
- PEGA has an average volume of 2467200 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 39.68 - 46.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PEGA Weekly and Daily overview Charts
PEGA Setup Rating and Analysis
Although the technical rating is bad, PEGA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
PEGA Support and Resistance Analysis
34.82
When analyzing the support we can see 3 important areas.
- Support @40.77 from a trend line in the daily time frame.
- Support @40.11 from a horizontal line in the weekly time frame.
- Support @35.17 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 47.25 to 47.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 55.61 to 56.03. 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 | 30.83 | NEUTRAL | PEGA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PEGA is below a declining 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) | 46.06 | NEUTRAL | The RSI value for PEGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests PEGA has a positive trend. |
| Stochastics (14,3) | 53.5 | NEUTRAL | The Stochastics value for PEGA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for PEGA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.55 | 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
42.35
-0.13 (-0.31%)
PEGASYSTEMS INC / PEGA TA FAQ
What is the ChartMill technical rating of PEGASYSTEMS INC (PEGA) stock?
ChartMill assigns a technical rating of 0 / 10 to PEGA.
What is the trend direction for PEGA stock?
The current trend direction for PEGASYSTEMS INC (PEGA) is Bearish.
What is the RSI signal for PEGASYSTEMS INC (PEGA) stock?
PEGASYSTEMS INC (PEGA) has an RSI value of 46.0604. This indicates that the stock is currently neutral.
What is the buy/sell signal for PEGASYSTEMS INC (PEGA) stock?
The buy/sell signal for PEGASYSTEMS INC (PEGA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for PEGA stock?
PEGASYSTEMS INC (PEGA) has a support level at 40.77 and a resistance level at 47.25. Check the full technical report for our detailed analysis of PEGA support and resistance levels.