PGNY Technical Analysis - PROGYNY INC

Technical Rating and Analysis

Taking everything into account, PGNY scores 1 out of 10 in our technical rating. PGNY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

In the last month PGNY has a been trading in the 19.70 - 23.20 range, which is quite wide. It is currently trading near the lows of this range.

PGNY has an average volume of 1132320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the performance of all stocks over the past year, PGNY turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.

PGNY is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, PGNY did better than 58% of them.

PGNY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PGNY is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

PGNY has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

20.36

24.51

We found 1 important support area.

Support @20.57 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 22.39 to 22.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 23.09 to 23.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 24.15 to 24.27. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	DOWN	NEGATIVE	The long term trend for PGNY is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PGNY is down.
ChartMill Relative Strength	62.27	NEUTRAL	PGNY is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PGNY is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PGNY is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of PGNY is below the rising SMA(200).
Relative Strength Index/RSI (14)	39.7	NEUTRAL	The RSI value for PGNY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.12	NEGATIVE	The MACD value suggests PGNY has a negative trend, although the MACD value is rising.
Stochastics (14,3)	15.32	OVERSOLD	The low Stochastics value suggests PGNY may be oversold.
Average True Range in percent/ATR (20)	3.42	MEDIUM VOLATILITY	The ATR as a percentage value for PGNY suggests some volalility.
Average Directional Index/ADX (14)	25.18	POSITIVE	The high ADX value value for PGNY suggests a strong trend.