PROGYNY INC (PGNY) Stock Technical Analysis
NASDAQ:PGNY • US74340E1038
Overall PGNY gets a technical rating of 0 out of 10. PGNY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 82% of all other stocks performed better in the past year than PGNY.
- PGNY is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, of which 62% are performing better than PGNY.
- PGNY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PGNY has a been trading in the 20.02 - 25.45 range, which is quite wide. It is currently trading near the lows of this range.
- PGNY has an average volume of 1419280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, PGNY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 20.45, a Stop Loss order could be placed below this zone.
More info and screens
18.52
We found 2 important support areas.
- A support zone ranging from 20.29 to 20.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.99 to 21.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.82 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 | 18.2 | NEGATIVE | PGNY has a low relative strength, it was outperformed by 81.8% 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) | DOWN | NEGATIVE | The current price of PGNY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PGNY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.35 | NEUTRAL | The RSI value for PGNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests PGNY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.76 | OVERSOLD | The low Stochastics value suggests PGNY may be oversold. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for PGNY suggests some volalility. |
| Average Directional Index/ADX (14) | 34.17 | POSITIVE | The high ADX value value for PGNY suggests a strong trend. |
20.98
+0.22 (+1.06%)
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 33.3482. 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 -0.110968, 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.