Taking everything into account, PGEN scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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
2.00
When analyzing the support we can see 2 important areas.
- Support @3.66 from a horizontal line in the daily time frame.
- Support @2.02 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.75 to 3.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 98.17 | POSITIVE | PGEN has a high relative strength, it outperformed 98.17% 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) | DOWN | NEGATIVE | The current price of PGEN is below a declining 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) | 44.2 | NEUTRAL | The RSI value for PGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PGEN has a negative trend. |
| Stochastics (14,3) | 9.54 | OVERSOLD | The low Stochastics value suggests PGEN may be oversold. |
| Average True Range in percent/ATR (20) | 9.27 | HIGH VOLATILITY | The high ATR as a percentage value for PGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for PGEN suggests a weak or negative trend. |
3.74
+0.07 (+1.91%)
PRECIGEN INC / PGEN FAQ
What is the technical rating for PGEN stock?
ChartMill assigns a technical rating of 5 / 10 to PGEN.
What is the trend direction for PGEN stock?
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 44.2017. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PRECIGEN INC?
The short term momentum for PRECIGEN INC (PGEN) is negative.
What is the buy/sell signal for PRECIGEN INC (PGEN) stock?
The buy/sell signal for PRECIGEN INC (PGEN) is hold as the short term and long term trends are mixed.