PAGAYA TECHNOLOGIES LTD -A (PGY) Technical Analysis
NASDAQ:PGY • IL0011858912
Current stock price
PGY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PGY. PGY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than PGY.
- PGY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PGY is lagging the market.
- In the last month PGY has a been trading in the 10.40 - 12.65 range, which is quite wide. It is currently trading near the lows of this range.
- PGY has an average volume of 4172820 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 48% of 277 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
PGY Weekly and Daily overview Charts
PGY Setup Rating and Analysis
PGY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
PGY Support and Resistance Analysis
10.52
2 important support areas can be observed.
- Support @10.95 from a horizontal line in the weekly time frame.
- Support @10.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.04 to 11.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.32 from a trend line in the daily time frame.
- A resistance zone ranging from 15.86 to 16.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
PGY Technical Indicator Signal Analysis
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 | 12.6 | NEGATIVE | PGY has a low relative strength, it was outperformed by 87.4% 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) | DOWN | NEGATIVE | The current price of PGY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.28 | NEUTRAL | The RSI value for PGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests PGY has a positive trend. |
| Stochastics (14,3) | 23.64 | NEUTRAL | The Stochastics value for PGY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for PGY suggests high volalility. |
| Average Directional Index/ADX (14) | 40.76 | POSITIVE | The high ADX value value for PGY suggests a strong trend. |
PGY Chart- and CandleStick Pattern Analysis
PGY Technicals: Chart, Performance Metrics, Trend & Indicators
11.03
+0.27 (+2.51%)
PAGAYA TECHNOLOGIES LTD -A / PGY TA 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 35.278. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PAGAYA TECHNOLOGIES LTD -A?
The MACD indicator for PAGAYA TECHNOLOGIES LTD -A (PGY) has a value of 0.283881, 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.