PGS ASA (PGS.OL)

NO0010199151 - Common Stock

8.25  -0.06 (-0.75%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PGS. In the last year, PGS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PGS has an average volume of 4053470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PGS is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
PGS is part of the Energy Equipment & Services industry. There are 40 other stocks in this industry, PGS did better than 66% of them.
PGS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PGS is lagging the market slightly.
In the last month PGS has a been trading in the 7.84 - 9.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PGS Weekly chart
PGS Daily chart
Setup Rating and Analysis

2

Although PGS has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

6.61

9.08

We found 1 important support area.

  • Support @6.68 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 8.59 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.51
Mansfield-0.34
10 Day High9.14
10 Day Low8.22
20 Day High9.22
20 Day Low7.84
52 Week High10.44
52 Week Low4.95
Performance
1 Week-2.65%
2 Weeks-5.44%
1 Month3.62%
3 Month29.88%
6 Month-17.54%
12 Month15.99%
2 Year43.31%
3 Year53.93%
5 Year-43.24%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)49.97
LBB8.33
UBB9.03
PGS Daily chart

PGS ASA

OSL:PGS (5/3/2024, 12:31:13 PM)

8.25

-0.06 (-0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.75%
1 Week-2.65%
2 Weeks-5.44%
1 Month3.62%
3 Month29.88%
6 Month-17.54%
12 Month15.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%3.86%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.14
10 Day Low8.22
20 Day High9.22
20 Day Low7.84
52 Week High10.44
52 Week Low4.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume308.45K
Volume Incr-39.17%
Vol(5)3.35M
Vol(50)4.05M