PEAPACK GLADSTONE FINL CORP (PGC) Stock Technical Analysis
USA - NASDAQ:PGC - US7046991078 - Common Stock
27.36 USD
+1.11 (+4.23%)
27.36 USD
0 (0%)
Overall PGC gets a technical rating of 2 out of 10. 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.
When comparing the yearly performance of all stocks, PGC is a bad performer in the overall market: 76% of all stocks are doing better.
PGC is one of the lesser performing stocks in the Banks industry. 80% of 390 stocks in the same industry do better.
PGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PGC has a been trading in the 25.62 - 28.77 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Although the technical rating is bad, PGC does present a nice setup opportunity. Prices have been consolidating lately. 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
24.39
30.72
We found 3 important support areas.
- Support @26.39 from a trend line in the daily time frame.
- Support @25.48 from a trend line in the weekly time frame.
- 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 27.37 to 28.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.04 from a trend line in the daily time frame.
- Strong resistance @29.58 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for PGC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGC is neutral. |
| ChartMill Relative Strength | 24.94 | NEGATIVE | PGC has a low relative strength, it was outperformed by 75.06% 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) | UP | MIXED | The current price of PGC is below the rising 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) | 48.2 | NEUTRAL | The RSI value for PGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PGC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.62 | NEUTRAL | The Stochastics value for PGC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for PGC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.51 | NEGATIVE | The low ADX value for PGC suggests a weak or negative 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)
27.36
+1.11 (+4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.23%
1 Week3.91%
2 Weeks0.88%
1 Month-2.77%
3 Month3.64%
6 Month-0.51%
12 Month-12.81%
2 Year17.07%
3 Year-30.86%
5 Year62.09%
10 Year21.01%
15 Year125.56%
Volatility
ATR(14)1.06
ATR(20)%3.35%
ATR Inc94.9%
Range Today1.1
ADR(20)0.88
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.94
3 months CRS55.14
6 months CRS20.93
Mansfield-1.84
10 Day High28.77
10 Day Low25.62
20 Day High28.77
20 Day Low25.62
52 Week High37.88
52 Week Low23.96
CS1 End26.39
CR1 Start27.37
Volume & EV
DER(3)3.46%
DER(5)1.53%
Volume119.20K
Volume Incr10.53%
Vol(5)138.56K
Vol(50)122.18K
PEAPACK GLADSTONE FINL CORP / PGC FAQ
Can you provide the ChartMill technical rating for PEAPACK GLADSTONE FINL CORP?
ChartMill assigns a technical rating of 2 / 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 48.1995. 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 -0.0255272, indicating a bearish trend.