Progenics Pharmaceuticals (PGNX) Stock Technical Analysis
NASDAQ:PGNX -
4.1
-0.43 (-9.39%)
4.33
+0.23 (+5.61%)
Taking everything into account, PGNX scores 6 out of 10 in our technical rating. 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 currently trading near new highs, so PGNX is lagging the market.
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.
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
3.63
5.85
3 important support areas can be observed.
- 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.
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. |
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)
4.1
-0.43 (-9.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.39%
1 Week1.49%
2 Weeks-9.19%
1 Month4.59%
3 Month76.72%
6 Month-20.7%
12 Month-21.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%8.22%
ATR Inc97.4%
Range Today0.85
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.06
Mansfield-1.43
10 Day High4.83
10 Day Low3.86
20 Day High4.83
20 Day Low3.77
52 Week High6.37
52 Week Low1.89
CS1 End3.98
CR1 Start4.5
Volume & EV
DER(3)-14.77%
DER(5)-9.04%
Volume34.93M
Volume Incr1344.4%
Vol(5)8.48M
Vol(50)1.41M