Taking everything into account, PEGA scores 3 out of 10 in our technical rating. In the last year, PEGA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is bad, PEGA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
33.96
4 important support areas can be observed.
- Support @56.83 from a trend line in the daily time frame.
- A support zone ranging from 52.37 to 53.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.12 from a horizontal line in the daily time frame.
- Support @34.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @61.53 from a trend line in the daily time frame.
- Resistance @62.64 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 | NEUTRAL | NEUTRAL | The long term trend for PEGA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PEGA is neutral. |
| ChartMill Relative Strength | 72.9 | POSITIVE | PEGA has a high relative strength, it outperformed 72.9% off all stocks 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) | UP | POSITIVE | The current price of PEGA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.41 | NEUTRAL | The RSI value for PEGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests PEGA has a negative trend. |
| Stochastics (14,3) | 51.7 | NEUTRAL | The Stochastics value for PEGA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for PEGA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.23 | NEGATIVE | The low ADX value for PEGA suggests a weak or negative trend. |
57.94
-1.55 (-2.61%)
PEGASYSTEMS INC / PEGA FAQ
What is the ChartMill technical rating of PEGASYSTEMS INC (PEGA) stock?
ChartMill assigns a technical rating of 3 / 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 45.4089. 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 -0.32673, indicating a bearish trend.
What are the support and resistance levels for PEGASYSTEMS INC (PEGA) stock?
PEGASYSTEMS INC (PEGA) has a support level at 56.83 and a resistance level at 61.53. Check the full technical report for our detailed analysis of PEGA support and resistance levels.