PAGAYA TECHNOLOGIES LTD -A (PGY) Stock Technical Analysis
NASDAQ:PGY - IL0011858912 - Common Stock
33.76 USD
+3.99 (+13.4%)
33.9 USD
+0.14 (+0.41%)
We assign a technical rating of 9 out of 10 to PGY. 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, PGY did better than 97% of all other stocks.
PGY is one of the better performing stocks in the Software industry, it outperforms 95% of 283 stocks in the same industry.
PGY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PGY is lagging the market slightly.
PGY has an average volume of 3377010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PGY has a been trading in the 27.65 - 41.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PGY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for PGY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
29.46
34.32
2 important support areas can be observed.
- A support zone ranging from 33.64 to 33.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.77 to 33.98. 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 | NEUTRAL | NEUTRAL | The short term trend for PGY is neutral. |
| ChartMill Relative Strength | 97.92 | POSITIVE | PGY has a high relative strength, it outperformed 97.92% 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) | 60.27 | NEUTRAL | The RSI value for PGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests PGY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.82 | NEUTRAL | The Stochastics value for PGY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.55 | HIGH VOLATILITY | The high ATR as a percentage value for PGY suggests high volalility. |
| Average Directional Index/ADX (14) | 41.8 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.99 | 33.63 | 0.36 (1.06%) | 25.00% |
| An entry @33.99. This is a Buy Stop order right above the resistance zone. | An exit @33.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.36 points, which is 1.06%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PGY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
33.76
+3.99 (+13.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg13.4%
1 Week1.38%
2 Weeks17.75%
1 Month7.28%
3 Month114.76%
6 Month132.83%
12 Month158.7%
2 Year23.94%
3 Year-76.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.56
ATR(20)%9.55%
ATR Inc-16.34%
Range Today4.85
ADR(20)3.13
ADR(20)%9.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.92
Mansfield11.14
10 Day High34.95
10 Day Low27.76
20 Day High41.48
20 Day Low27.65
52 Week High41.48
52 Week Low8.2
CS1 End33.75
CR1 Start33.77
Volume & EV
DER(3)4.43%
DER(5)4.16%
Volume4.17M
Volume Incr-11.26%
Vol(5)3.59M
Vol(50)3.38M