PUTNAM FOCUSED LRG CAP GROW (PGRO) Stock Technical Analysis
NYSEARCA:PGRO - NYSE Arca - US7467294093 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to PGRO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PGRO is only an average performer.
Warning: PGRO has an average volume of 6420 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by PGRO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month PGRO has a been trading in the 38.10 - 40.92 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that PGRO is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Although PGRO 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
30.20
41.22
We found 4 important support areas.
- A support zone ranging from 39.02 to 39.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.22 from a horizontal line in the daily time frame.
- Support @32.51 from a trend line in the weekly time frame.
- Support @30.51 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.81 to 40.81. 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 | UP | POSITIVE | The long term trend for PGRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PGRO is up. |
| ChartMill Relative Strength | 78.93 | POSITIVE | PGRO has a high relative strength, it outperformed 78.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PGRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PGRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PGRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.48 | OVERBOUGHT | The high RSI value suggests PGRO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PGRO has a positive trend. |
| Stochastics (14,3) | 92.89 | OVERBOUGHT | The high Stochastics value suggests PGRO may be overbought. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for PGRO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.82 | NEUTRAL | The ADX value for PGRO 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)
NYSEARCA:PGRO (6/27/2025, 8:04:01 PM)
40.7985
+0.25 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.61%
1 Week4.55%
2 Weeks3%
1 Month6.24%
3 Month17.76%
6 Month3.22%
12 Month14.94%
2 Year55.33%
3 Year98.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%0.93%
ATR Inc15.4%
Range Today0.42
ADR(20)0.28
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.93
Mansfield0.35
10 Day High40.92
10 Day Low38.9
20 Day High40.92
20 Day Low38.1
52 Week High40.92
52 Week Low29.92
CS1 End39.83
CR1 Start40.81
Volume & EV
DER(3)1.24%
DER(5)1.3%
Volume1.60K
Volume Incr-38.1%
Vol(5)2.34K
Vol(50)6.42K