PROGYNY INC (PGNY) Stock Technical Analysis
NASDAQ:PGNY • US74340E1038
We assign a technical rating of 0 out of 10 to PGNY. PGNY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 78% of all other stocks performed better in the past year than PGNY.
- PGNY has an average volume of 1436810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PGNY is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, PGNY did better than 44% 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.
- In the last month PGNY has a been trading in the 20.02 - 24.82 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 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.
More info and screens
20.15
We found 1 important support area.
- A support zone ranging from 20.35 to 20.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @26.79 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 | 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 | 22.2 | NEGATIVE | PGNY has a low relative strength, it was outperformed by 77.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PGNY is above 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) | 48.71 | NEUTRAL | The RSI value for PGNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests PGNY has a positive trend. |
| Stochastics (14,3) | 49.85 | NEUTRAL | The Stochastics value for PGNY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for PGNY suggests some volalility. |
| Average Directional Index/ADX (14) | 32.48 | POSITIVE | The high ADX value value for PGNY suggests a strong trend. |
22.25
+0.92 (+4.31%)
PROGYNY INC / PGNY FAQ
What is the technical rating for PGNY stock?
ChartMill assigns a technical rating of 0 / 10 to PGNY.
Can you provide the trend direction for PROGYNY INC?
The current trend direction for PROGYNY INC (PGNY) is Bearish.
What is the RSI signal for PROGYNY INC (PGNY) stock?
PROGYNY INC (PGNY) has an RSI value of 48.7109. 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 0.171818, indicating a bearish trend.
Can you provide the buy/sell signal for PROGYNY INC?
The buy/sell signal for PROGYNY INC (PGNY) is sell as both the short term and long term trends are negative.