PROGYNY INC (PGNY) Stock Technical Analysis
NASDAQ:PGNY - Nasdaq - US74340E1038 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PGNY. Recently some decent action could be observed, but in the medium term time frame this is still negative. PGNY was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PGNY is a bad performer in the overall market: 82% of all stocks are doing better.
PGNY is one of the lesser performing stocks in the Health Care Providers & Services industry. 63% of 103 stocks in the same industry do better.
PGNY has an average volume of 1078520 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!
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.
In the last month PGNY has a been trading in the 20.36 - 22.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PGNY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.84, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
20.16
24.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.00 to 21.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.36 to 20.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.91 to 22.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.10 to 23.88. 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 PGNY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGNY is neutral. |
| ChartMill Relative Strength | 18.55 | NEGATIVE | PGNY has a low relative strength, it was outperformed by 81.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PGNY is above the rising 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) | DOWN | MIXED | The current price of PGNY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.07 | NEUTRAL | The RSI value for PGNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PGNY has a positive trend. |
| Stochastics (14,3) | 45.78 | NEUTRAL | The Stochastics value for PGNY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for PGNY suggests some volalility. |
| Average Directional Index/ADX (14) | 12.52 | NEGATIVE | The low ADX value for PGNY 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)
21.91
+0.45 (+2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.1%
1 Week4.43%
2 Weeks1.67%
1 Month2.67%
3 Month0.05%
6 Month29.65%
12 Month-23.42%
2 Year-44.31%
3 Year-24.58%
5 Year-15.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%3.37%
ATR Inc23.45%
Range Today1.01
ADR(20)0.72
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.55
Mansfield-0.11
10 Day High22.16
10 Day Low20.36
20 Day High22.93
20 Day Low20.36
52 Week High30.42
52 Week Low13.39
CS1 End21.84
CR1 Start21.91
Volume & EV
DER(3)-2.84%
DER(5)-0.93%
Volume2.65M
Volume Incr43.72%
Vol(5)1.36M
Vol(50)1.08M