PAGAYA TECHNOLOGIES LTD -A (PGY) Stock Technical Analysis
NASDAQ:PGY • IL0011858912
We assign a technical rating of 0 out of 10 to PGY. PGY'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.
- When comparing the yearly performance of all stocks, PGY is a bad performer in the overall market: 90% of all stocks are doing better.
- PGY 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 PGY has a been trading in the 11.84 - 22.29 range, which is quite wide. It is currently trading near the lows of this range.
- PGY has an average volume of 4077830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PGY is an average performer in the Software industry, it outperforms 43% of 276 stocks in the same industry.
The technical rating of PGY is bad and it also does not present a quality setup 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
11.77
2 important resistance areas can be observed.
- Resistance @12.65 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.65 to 19.94. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for PGY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PGY is down. |
| ChartMill Relative Strength | 10.29 | NEGATIVE | PGY has a low relative strength, it was outperformed by 89.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PGY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PGY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PGY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 24.79 | OVERSOLD | The low RSI value suggests PGY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests PGY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.16 | OVERSOLD | The low Stochastics value suggests PGY may be oversold. |
| Average True Range in percent/ATR (20) | 11.4 | HIGH VOLATILITY | The high ATR as a percentage value for PGY suggests high volalility. |
| Average Directional Index/ADX (14) | 36.11 | POSITIVE | The high ADX value value for PGY suggests a strong trend. |
11.89
-0.75 (-5.93%)
PAGAYA TECHNOLOGIES LTD -A / PGY FAQ
What is the ChartMill technical rating of PAGAYA TECHNOLOGIES LTD -A (PGY) stock?
ChartMill assigns a technical rating of 0 / 10 to PGY.
Can you provide the trend direction for PAGAYA TECHNOLOGIES LTD -A?
The current trend direction for PAGAYA TECHNOLOGIES LTD -A (PGY) is Bearish.
Can you provide the RSI signal for PAGAYA TECHNOLOGIES LTD -A?
PAGAYA TECHNOLOGIES LTD -A (PGY) has an RSI value of 24.7932. This indicates that the stock is currently oversold.
Can you provide the MACD signal for PAGAYA TECHNOLOGIES LTD -A?
The MACD indicator for PAGAYA TECHNOLOGIES LTD -A (PGY) has a value of -0.336338, indicating a bearish trend.
What is the buy/sell signal for PAGAYA TECHNOLOGIES LTD -A (PGY) stock?
The buy/sell signal for PAGAYA TECHNOLOGIES LTD -A (PGY) is sell as both the short term and long term trends are negative.