Progenics Pharmaceuticals (PGNX) Technical Analysis
NASDAQ:PGNX
Current stock price
PGNX Technical Rating and Analysis
Overall PGNX gets a technical rating of 6 out of 10. Although PGNX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- PGNX has an average volume of 1412350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, PGNX did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- PGNX 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 PGNX is lagging the market slightly.
- In the last month PGNX has a been trading in the 3.77 - 4.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
PGNX Weekly and Daily overview Charts
PGNX Setup Rating and Analysis
Although the technical rating is only medium, PGNX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.50. Right above this resistance zone may be a good entry point.
More info and screens
PGNX Support and Resistance Analysis
3.63
We found 3 important support areas.
- Support @3.98 from a horizontal line in the daily time frame.
- Support @3.89 from a trend line in the daily time frame.
- Support @3.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.50 to 4.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.72 to 4.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.79 from a trend line in the weekly time frame.
PGNX Technical Indicator Signal Analysis
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 PGNX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGNX is neutral. |
| ChartMill Relative Strength | 85.06 | POSITIVE | PGNX has a high relative strength, it outperformed 85.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PGNX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PGNX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PGNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.86 | NEUTRAL | The RSI value for PGNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PGNX has a negative trend. |
| Stochastics (14,3) | 47.25 | NEUTRAL | The Stochastics value for PGNX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.22 | HIGH VOLATILITY | The high ATR as a percentage value for PGNX suggests high volalility. |
PGNX Chart- and CandleStick Pattern Analysis
PGNX Technicals: Chart, Performance Metrics, Trend & Indicators
4.1
-0.43 (-9.39%)
Progenics Pharmaceuticals / PGNX TA FAQ
Can you provide the ChartMill technical rating for Progenics Pharmaceuticals?
ChartMill assigns a technical rating of 5 / 10 to PGNX.
Can you provide the trend direction for Progenics Pharmaceuticals?
The current trend direction for Progenics Pharmaceuticals (PGNX) is Bearish.
Can you provide the RSI signal for Progenics Pharmaceuticals?
Progenics Pharmaceuticals (PGNX) has an RSI value of 47.8587. This indicates that the stock is currently neutral.
What is the support and resistance level for PGNX stock?
Progenics Pharmaceuticals (PGNX) has a support level at 3.98 and a resistance level at 4.5. Check the full technical report for our detailed analysis of PGNX support and resistance levels.