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 longer term time frames. Compared to the overall market however, PGC is a bad performer.
- 62% of all other stocks performed better in the past year than PGC.
- PGC is one of the lesser performing stocks in the Banks industry. 80% of 383 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 27.07 - 31.62 range, which is quite wide. It is currently trading near the high of this range.
- 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 offer a high quality setup 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
24.50
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.78 to 29.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.79 to 28.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.27 from a trend line in the weekly time frame.
- A support zone ranging from 24.75 to 25.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @29.66 from a horizontal 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 PGC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PGC is up. |
| ChartMill Relative Strength | 38.37 | 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) | UP | POSITIVE | The current price of PGC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PGC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.25 | NEUTRAL | The RSI value for PGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests PGC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.5 | OVERBOUGHT | The high Stochastics value suggests PGC may be overbought. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for PGC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.61 | NEUTRAL | The ADX value for PGC suggests a possible start of a new trend. |
29.55
-1.59 (-5.11%)
PEAPACK GLADSTONE FINL CORP / PGC FAQ
Can you provide the ChartMill technical rating for PEAPACK GLADSTONE FINL CORP?
ChartMill assigns a technical rating of 7 / 10 to PGC.
What is the trend direction for PGC stock?
The current trend direction for PEAPACK GLADSTONE FINL CORP (PGC) is Bullish.
What is the RSI signal for PEAPACK GLADSTONE FINL CORP (PGC) stock?
PEAPACK GLADSTONE FINL CORP (PGC) has an RSI value of 55.2484. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PEAPACK GLADSTONE FINL CORP?
The short term momentum for PEAPACK GLADSTONE FINL CORP (PGC) is positive.
Can you provide the support and resistance levels for PEAPACK GLADSTONE FINL CORP?
PEAPACK GLADSTONE FINL CORP (PGC) has a support level at 29.27 and a resistance level at 29.66. Check the full technical report for our detailed analysis of PGC support and resistance levels.