PRECIGEN INC (PGEN) Stock Technical Analysis
NASDAQ:PGEN • US74017N1054
Overall PGEN gets a technical rating of 7 out of 10. In the last year, PGEN was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month PGEN has a been trading in the 4.12 - 5.46 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- PGEN is part of the Biotechnology industry. There are 520 other stocks in this industry. PGEN outperforms 83% of them.
- PGEN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PGEN is lagging the market slightly.
- PGEN has an average volume of 4573440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, PGEN did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
PGEN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.34, a Stop Loss order could be placed below this zone.
More info and screens
2.32
We found 4 important support areas.
- A support zone ranging from 4.26 to 4.34. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @4.13 from a horizontal line in the daily time frame.
- Support @4.02 from a trend line in the daily time frame.
- Support @2.34 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.39 to 4.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.94 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 PGEN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGEN is neutral. |
| ChartMill Relative Strength | 94.49 | POSITIVE | PGEN has a high relative strength, it outperformed 94.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PGEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PGEN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PGEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.96 | NEUTRAL | The RSI value for PGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PGEN has a negative trend. |
| Stochastics (14,3) | 34.94 | NEUTRAL | The Stochastics value for PGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.48 | HIGH VOLATILITY | The high ATR as a percentage value for PGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.01 | NEGATIVE | The low ADX value for PGEN suggests a weak or negative trend. |
4.38
-0.13 (-2.88%)
PRECIGEN INC / PGEN FAQ
What is the technical rating for PGEN stock?
ChartMill assigns a technical rating of 7 / 10 to PGEN.
Can you provide the trend direction for PRECIGEN INC?
The current trend direction for PRECIGEN INC (PGEN) is Bullish.
What is the RSI signal for PGEN stock?
PRECIGEN INC (PGEN) has an RSI value of 45.9554. This indicates that the stock is currently neutral.
What is the MACD signal for PRECIGEN INC (PGEN) stock?
The MACD indicator for PRECIGEN INC (PGEN) has a value of -0.0290685, indicating a bearish trend.
Can you provide the support and resistance levels for PRECIGEN INC?
PRECIGEN INC (PGEN) has a support level at 4.34 and a resistance level at 4.39. Check the full technical report for our detailed analysis of PGEN support and resistance levels.