PARAMOUNT GROUP INC (PGRE) Stock Technical Analysis
NYSE:PGRE - US69924R1086 - REIT
7.2 USD
+0.13 (+1.84%)
7.05 USD
-0.15 (-2.08%)
Taking everything into account, PGRE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PGRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PGRE did better than 86% of all other stocks.
PGRE is one of the better performing stocks in the Diversified REITs industry, it outperforms 96% of 129 stocks in the same industry.
PGRE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PGRE has a been trading in the 6.05 - 7.26 range, which is quite wide. It is currently trading near the high of this range.
PGRE has an average volume of 3310020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although PGRE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.97
7.27
2 important support areas can be observed.
- A support zone ranging from 6.61 to 6.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.03 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for PGRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PGRE is up. |
| ChartMill Relative Strength | 86.4 | POSITIVE | PGRE has a high relative strength, it outperformed 86.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PGRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PGRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PGRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.87 | NEUTRAL | The RSI value for PGRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PGRE has a positive trend. |
| Stochastics (14,3) | 91.96 | OVERBOUGHT | The high Stochastics value suggests PGRE may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for PGRE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for PGRE suggests a possible start of a new 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)
7.2
+0.13 (+1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.84%
1 Week5.88%
2 Weeks5.26%
1 Month18.62%
3 Month19.01%
6 Month59.65%
12 Month42.57%
2 Year40.08%
3 Year3.9%
5 Year-2.7%
10 Year-56.2%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%3.01%
ATR Inc4.2%
Range Today0.19
ADR(20)0.22
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.4
Mansfield2.74
10 Day High7.26
10 Day Low6.58
20 Day High7.26
20 Day Low6.06
52 Week High7.26
52 Week Low3.75
CS1 End6.82
CR1 StartN/A
Volume & EV
DER(3)0.13%
DER(5)-1.66%
Volume2.42M
Volume Incr47.02%
Vol(5)4.20M
Vol(50)3.31M