PRECIGEN INC (PGEN) Stock Technical Analysis
NASDAQ:PGEN - Nasdaq - US74017N1054 - Common Stock - Currency: USD
Taking everything into account, PGEN scores 6 out of 10 in our technical rating. PGEN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PGEN is one of the better performing stocks in the Biotechnology industry, it outperforms 73% of 555 stocks in the same industry.
In the last month PGEN has a been trading in the 1.30 - 1.70 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PGEN has an average volume of 1729350 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 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
1.26
1.65
We found 4 important support areas.
- A support zone ranging from 1.48 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.41 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.37 from a trend line in the weekly time frame.
- Support @1.27 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.63 to 1.63. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PGEN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PGEN is up. |
| ChartMill Relative Strength | 75.06 | POSITIVE | PGEN has a high relative strength, it outperformed 75.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PGEN is above 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) | 63.16 | NEUTRAL | The RSI value for PGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PGEN has a positive trend. |
| Stochastics (14,3) | 60.19 | NEUTRAL | The Stochastics value for PGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for PGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for PGEN suggests a weak or negative 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)
1.62
+0.01 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.62%
1 Week13.29%
2 Weeks8.72%
1 Month21.8%
3 Month30.65%
6 Month35%
12 Month14.08%
2 Year16.55%
3 Year3.18%
5 Year-61.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.61%
ATR Inc59.59%
Range Today0.05
ADR(20)0.11
ADR(20)%6.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.06
Mansfield1.69
10 Day High1.7
10 Day Low1.39
20 Day High1.7
20 Day Low1.3
52 Week High2.17
52 Week Low0.65
CS1 End1.36
CR1 Start1.43
Volume & EV
DER(3)-3.86%
DER(5)-2.76%
Volume611.40K
Volume Incr61.95%
Vol(5)2.62M
Vol(50)1.73M