PEGASYSTEMS INC (PEGA) Stock Technical Analysis
USA - NASDAQ:PEGA - US7055731035 - Common Stock
Taking everything into account, PEGA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PEGA is showing a nice and steady performance.
PEGA has an excellent technical rating, but the quality of the setup is only medium 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
33.30
We found 5 important support areas.
- Support @54.71 from a trend line in the daily time frame.
- Support @51.58 from a trend line in the daily time frame.
- Support @49.42 from a horizontal line in the daily time frame.
- Support @35.82 from a trend line in the weekly time frame.
- Support @33.64 from a trend line in the weekly 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 | 86.34 | POSITIVE | PEGA has a high relative strength, it outperformed 86.34% 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) | 61.26 | NEUTRAL | The RSI value for PEGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests PEGA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.19 | OVERBOUGHT | The high Stochastics value suggests PEGA may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for PEGA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.72 | POSITIVE | The high ADX value value for PEGA suggests a strong trend. |
63.37
-2.12 (-3.24%)
PEGASYSTEMS INC / PEGA FAQ
What is the ChartMill technical rating of PEGASYSTEMS INC (PEGA) stock?
ChartMill assigns a technical rating of 10 / 10 to PEGA.
Can you provide the trend direction for PEGASYSTEMS INC?
The current trend direction for PEGASYSTEMS INC (PEGA) is Bullish.
What is the RSI signal for PEGA stock?
PEGASYSTEMS INC (PEGA) has an RSI value of 61.2645. This indicates that the stock is currently neutral.
What is the MACD signal for PEGA stock?
The MACD indicator for PEGASYSTEMS INC (PEGA) has a value of 0.989681, indicating a bearish trend.
What is the buy/sell signal for PEGA stock?
The buy/sell signal for PEGASYSTEMS INC (PEGA) is buy as both the short term and long term trends are positive.