PAGAYA TECHNOLOGIES LTD -A (PGY) Stock Technical Analysis
USA - NASDAQ:PGY - IL0011858912 - Common Stock
Overall PGY gets a technical rating of 2 out of 10. Although PGY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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. There is a support zone below the current price at 25.99, a Stop Loss order could be placed below this zone.
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When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.99 to 25.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.45 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.52 to 29.81. 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 | NEUTRAL | NEUTRAL | The long term trend for PGY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PGY is down. |
| ChartMill Relative Strength | 92.17 | POSITIVE | PGY has a high relative strength, it outperformed 92.17% 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 | POSITIVE | The current price of PGY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.41 | NEUTRAL | The RSI value for PGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PGY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.17 | NEUTRAL | The Stochastics value for PGY is a neutral value. |
| Average True Range in percent/ATR (20) | 8.72 | HIGH VOLATILITY | The high ATR as a percentage value for PGY suggests high volalility. |
| Average Directional Index/ADX (14) | 22.49 | NEUTRAL | The ADX value for PGY suggests a possible start of a new trend. |
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-1.91 (-6.84%)
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 2 / 10 to PGY.
What is the trend direction for PGY stock?
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 35.4065. This indicates that the stock is currently neutral.
What is the short term momentum for PGY stock?
The short term momentum for PAGAYA TECHNOLOGIES LTD -A (PGY) is negative.
What is the support and resistance level for PGY stock?
PAGAYA TECHNOLOGIES LTD -A (PGY) has a support level at 25.99 and a resistance level at 29.52. Check the full technical report for our detailed analysis of PGY support and resistance levels.