PEAPACK GLADSTONE FINL CORP (PGC) Stock Technical Analysis
USA - NASDAQ:PGC - US7046991078 - Common Stock
29.06 USD
-0.88 (-2.94%)
29.06 USD
0 (0%)
Taking everything into account, PGC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PGC is only an average performer.
PGC is one of the lesser performing stocks in the Banks industry. 61% of 392 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month PGC has a been trading in the 27.26 - 30.05 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the performance of all stocks over the past year, PGC turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
PGC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PGC is lagging the market.
Although PGC has an excellent technical rating, it does not present a decent entry opportunity 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
24.39
30.72
When analyzing the support we notice one important area.
- A support zone ranging from 24.64 to 25.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.38 to 30.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PGC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PGC is up. |
| ChartMill Relative Strength | 53.06 | NEUTRAL | PGC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PGC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PGC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PGC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.41 | NEUTRAL | The RSI value for PGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PGC has a negative trend. |
| Stochastics (14,3) | 65.19 | NEUTRAL | The Stochastics value for PGC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for PGC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.81 | POSITIVE | The high ADX value value for PGC 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)
29.06
-0.88 (-2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.94%
1 Week-0.79%
2 Weeks0.55%
1 Month7.43%
3 Month9.33%
6 Month1.4%
12 Month3.79%
2 Year13.29%
3 Year-13.64%
5 Year91.82%
10 Year37.27%
15 Year146.69%
Volatility
ATR(14)0.66
ATR(20)%2.35%
ATR Inc63.58%
Range Today0.84
ADR(20)0.66
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.06
Mansfield-1.3
10 Day High30.05
10 Day Low28.53
20 Day High30.05
20 Day Low27.26
52 Week High37.88
52 Week Low23.96
CS1 End25.18
CR1 Start30.38
Volume & EV
DER(3)0.65%
DER(5)1%
Volume230.80K
Volume Incr12.96%
Vol(5)128.12K
Vol(50)115.15K