PEAPACK GLADSTONE FINL CORP (PGC) Stock Technical Analysis
USA - NASDAQ:PGC - US7046991078 - Common Stock
Taking everything into account, PGC scores 0 out of 10 in our technical rating. PGC'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.
Although the technical rating is bad, PGC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 26.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PGC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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We found 2 important support areas.
- A support zone ranging from 25.63 to 25.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.64 to 24.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 26.95 to 27.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.01 from a trend line in the weekly time frame.
- Resistance @28.75 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.29 to 29.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.42 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 | DOWN | NEGATIVE | The long term trend for PGC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PGC is down. |
| ChartMill Relative Strength | 17.6 | NEGATIVE | PGC has a low relative strength, it was outperformed by 82.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PGC is below 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) | 46.96 | NEUTRAL | The RSI value for PGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PGC has a positive trend. |
| Stochastics (14,3) | 40.79 | NEUTRAL | The Stochastics value for PGC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for PGC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for PGC suggests a possible start of a new trend. |
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+0.6 (+2.36%)
PEAPACK GLADSTONE FINL CORP / PGC FAQ
Can you provide the ChartMill technical rating for PEAPACK GLADSTONE FINL CORP?
ChartMill assigns a technical rating of 0 / 10 to PGC.
Can you provide the trend direction for PEAPACK GLADSTONE FINL CORP?
The current trend direction for PEAPACK GLADSTONE FINL CORP (PGC) is Bearish.
What is the RSI signal for PEAPACK GLADSTONE FINL CORP (PGC) stock?
PEAPACK GLADSTONE FINL CORP (PGC) has an RSI value of 46.9582. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PEAPACK GLADSTONE FINL CORP?
The MACD indicator for PEAPACK GLADSTONE FINL CORP (PGC) has a value of 0.07802, indicating a bearish trend.
What is the buy/sell signal for PEAPACK GLADSTONE FINL CORP (PGC) stock?
The buy/sell signal for PEAPACK GLADSTONE FINL CORP (PGC) is sell as both the short term and long term trends are negative.