PRECIGEN INC (PGEN) Stock Technical Analysis
NASDAQ:PGEN • US74017N1054
Overall PGEN gets a technical rating of 5 out of 10. PGEN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month PGEN has a been trading in the 3.84 - 5.46 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PGEN is part of the Biotechnology industry. There are 521 other stocks in this industry. PGEN outperforms 80% of them.
- PGEN has an average volume of 4742820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, PGEN did better than 93% of all other 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 currently trading near new highs, so PGEN is lagging the market.
PGEN has an average technical rating and it also 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
2.35
We found 1 important support area.
- Support @2.37 from a trend 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 | DOWN | NEGATIVE | The short term trend for PGEN is down. |
| ChartMill Relative Strength | 93 | POSITIVE | PGEN has a high relative strength, it outperformed 93% 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) | 37.61 | NEUTRAL | The RSI value for PGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests PGEN has a negative trend. |
| Stochastics (14,3) | 1.81 | OVERSOLD | The low Stochastics value suggests PGEN may be oversold. |
| Average True Range in percent/ATR (20) | 10.57 | HIGH VOLATILITY | The high ATR as a percentage value for PGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.59 | NEGATIVE | The low ADX value for PGEN suggests a weak or negative trend. |
3.84
-0.14 (-3.52%)
PRECIGEN INC / PGEN FAQ
What is the technical rating for PGEN stock?
ChartMill assigns a technical rating of 5 / 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 37.6112. 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 -0.114633, indicating a bearish trend.
Can you provide the support and resistance levels for PRECIGEN INC?
PRECIGEN INC (PGEN) has a support level at 2.37. Check the full technical report for our detailed analysis of PGEN support and resistance levels.