PAGAYA TECHNOLOGIES LTD -A (PGY) Stock Technical Analysis
NASDAQ:PGY - Nasdaq - IL0011858912 - Common Stock - Currency: USD
Overall PGY gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PGY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
PGY is part of the Software industry. There are 284 other stocks in this industry. PGY outperforms 90% of them.
PGY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PGY is leading the market.
In the last month PGY has a been trading in the 14.75 - 19.20 range, which is quite wide. It is currently trading near the high of this range.
PGY has an average volume of 1981760 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 PGY is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, PGY also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.75. Right above this resistance zone may be a good entry point.
More info and screens
8.62
19.04
When analyzing the support we can see 4 important areas.
- Support @17.94 from a horizontal line in the daily time frame.
- Support @10.01 from a trend line in the weekly time frame.
- Support @8.98 from a horizontal line in the daily time frame.
- Support @8.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.75 to 18.85. 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 PGY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PGY is up. |
| ChartMill Relative Strength | 95.38 | POSITIVE | PGY has a high relative strength, it outperformed 95.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PGY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PGY is above the rising 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) | 65.56 | NEUTRAL | The RSI value for PGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PGY has a negative trend. |
| Stochastics (14,3) | 84.67 | OVERBOUGHT | The high Stochastics value suggests PGY may be overbought. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for PGY suggests some volalility. |
| Average Directional Index/ADX (14) | 38.81 | POSITIVE | The high ADX value value for PGY suggests a strong 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)
18.74
+0.27 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.46%
1 Week4.46%
2 Weeks7.02%
1 Month22.72%
3 Month75.8%
6 Month94.2%
12 Month46.87%
2 Year11.55%
3 Year-62.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%4.87%
ATR Inc14.36%
Range Today1.12
ADR(20)0.83
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.38
Mansfield4.57
10 Day High19.2
10 Day Low17.17
20 Day High19.2
20 Day Low14.75
52 Week High19.2
52 Week Low8.2
CS1 End17.94
CR1 Start18.75
Volume & EV
DER(3)2.62%
DER(5)2.94%
Volume1.59M
Volume Incr-22.53%
Vol(5)1.56M
Vol(50)1.98M