PRECIGEN INC (PGEN) Stock Technical Analysis
NASDAQ:PGEN - Nasdaq - US74017N1054 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to PGEN. In the last year, PGEN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
PGEN is part of the Biotechnology industry. There are 551 other stocks in this industry. PGEN outperforms 74% of them.
PGEN has an average volume of 2322560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PGEN is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
PGEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PGEN is lagging the market slightly.
In the last month PGEN has a been trading in the 1.47 - 2.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PGEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.58, a Stop Loss order could be placed below this zone.
More info and screens
1.40
1.95
3 important support areas can be observed.
- A support zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.52 from a trend line in the daily time frame.
- A support zone ranging from 1.41 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.73 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.81 from a trend line in the weekly time frame.
- Resistance @1.84 from a horizontal line in the weekly time frame.
- Resistance @1.93 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 | 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 | 74.84 | POSITIVE | PGEN has a high relative strength, it outperformed 74.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PGEN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PGEN is above 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) | 51.21 | NEUTRAL | The RSI value for PGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PGEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.49 | NEUTRAL | The Stochastics value for PGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for PGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.7 | NEUTRAL | The ADX value for PGEN suggests a possible start of a new 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)
1.67
-0.04 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.34%
1 Week6.37%
2 Weeks-5.11%
1 Month3.09%
3 Month6.37%
6 Month23.7%
12 Month21.01%
2 Year-4.57%
3 Year-24.43%
5 Year-72.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%9.06%
ATR Inc-46.19%
Range Today0.06
ADR(20)0.14
ADR(20)%8.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.84
Mansfield2.18
10 Day High1.92
10 Day Low1.47
20 Day High2.04
20 Day Low1.47
52 Week High2.17
52 Week Low0.65
CS1 End1.58
CR1 Start1.73
Volume & EV
DER(3)0.66%
DER(5)-0.63%
Volume2.03M
Volume Incr-9.43%
Vol(5)2.77M
Vol(50)2.32M