We assign a technical rating of 7 out of 10 to PGNY. In the last year, PGNY was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month PGNY has a been trading in the 25.05 - 28.75 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- PGNY is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 77% of 100 stocks in the same industry.
- PGNY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PGNY is lagging the market slightly.
- PGNY has an average volume of 1615270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PGNY is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, PGNY also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 25.24, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.98 to 25.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.80 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.29 to 26.99. 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 PGNY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGNY is neutral. |
| ChartMill Relative Strength | 87.27 | POSITIVE | PGNY has a high relative strength, it outperformed 87.27% off all stocks 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) | UP | POSITIVE | The current price of PGNY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PGNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.81 | NEUTRAL | The RSI value for PGNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PGNY has a negative trend. |
| Stochastics (14,3) | 41.9 | NEUTRAL | The Stochastics value for PGNY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PGNY suggests some volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for PGNY suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.00 | 25.04 | 1.96 (7.26%) | 13.78% |
| An entry @27.00. This is a Buy Stop order right above the resistance zone. | An exit @25.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.96 points, which is 7.26%. | When investing 13.78% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
26.12
+0.88 (+3.49%)
PROGYNY INC / PGNY FAQ
What is the technical rating for PGNY stock?
ChartMill assigns a technical rating of 7 / 10 to PGNY.
Can you provide the trend direction for PROGYNY INC?
The current trend direction for PROGYNY INC (PGNY) is Bullish.
What is the RSI signal for PROGYNY INC (PGNY) stock?
PROGYNY INC (PGNY) has an RSI value of 50.8071. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PROGYNY INC?
The MACD indicator for PROGYNY INC (PGNY) has a value of -0.0927876, indicating a bearish trend.