PAGAYA TECHNOLOGIES LTD -A (PGY) Stock Technical Analysis
NASDAQ:PGY - Nasdaq - IL0011858912 - Common Stock - Currency: USD
We assign a technical rating of 10 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 and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PGY is one of the better performing stocks in the market, outperforming 92% of all stocks.
PGY is part of the Software industry. There are 283 other stocks in this industry. PGY outperforms 83% of them.
PGY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PGY is performing more or less in line with the market.
In the last month PGY has a been trading in the 10.68 - 17.44 range, which is quite wide. It is currently trading near the high of this range.
PGY has an average volume of 1999310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PGY has an excellent technical rating, it does not present a decent entry opportunity 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
8.62
17.30
When analyzing the support we can see 4 important areas.
- Support @14.04 from a horizontal line in the daily time frame.
- Support @9.80 from a trend line in the weekly time frame.
- A support zone ranging from 8.98 to 9.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @17.13 from a horizontal line in the daily time frame.
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 | 92.95 | POSITIVE | PGY has a high relative strength, it outperformed 92.95% 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) | 66.97 | NEUTRAL | The RSI value for PGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests PGY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.36 | OVERBOUGHT | The high Stochastics value suggests PGY may be overbought. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for PGY suggests high volalility. |
| Average Directional Index/ADX (14) | 40.15 | 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)
16.44
-0.69 (-4.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.03%
1 Week7.66%
2 Weeks17.09%
1 Month44.72%
3 Month28.14%
6 Month50.41%
12 Month39.2%
2 Year26.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%6.04%
ATR Inc-23.42%
Range Today0.66
ADR(20)0.91
ADR(20)%5.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.95
Mansfield3.38
10 Day High17.44
10 Day Low13.69
20 Day High17.44
20 Day Low10.68
52 Week High19.2
52 Week Low8.2
CS1 End14.04
CR1 Start17.13
Volume & EV
DER(3)3.65%
DER(5)5.72%
Volume3.16M
Volume Incr-2.24%
Vol(5)2.27M
Vol(50)2.00M