PAGAYA TECHNOLOGIES LTD -A (PGY) Technical Analysis
NASDAQ:PGY • IL0011858912
Current stock price
PGY Technical Rating and Analysis
Taking everything into account, PGY scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PGY was also a bad performer in the overall market in the last year.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, PGY is a bad performer in the overall market: 74% of all stocks are doing better.
- PGY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PGY has a been trading in the 11.40 - 15.57 range, which is quite wide. It is currently trading near the high of this range.
- PGY has an average volume of 3197280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PGY is part of the Software industry. There are 272 other stocks in this industry, PGY did better than 64% of them.
PGY Weekly and Daily overview Charts
PGY Setup Rating and Analysis
PGY has a poor technical rating and the quality of the setup is also only medium 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
PGY Support and Resistance Analysis
10.53
3 important support areas can be observed.
- Support @12.91 from a horizontal line in the daily time frame.
- Support @10.82 from a trend line in the weekly time frame.
- Support @10.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.00 to 15.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.96 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for PGY is neutral. |
| ChartMill Relative Strength | 26.16 | NEGATIVE | PGY has a low relative strength, it was outperformed by 73.84% 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) | DOWN | NEGATIVE | The current price of PGY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.31 | NEUTRAL | The RSI value for PGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PGY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.9 | NEUTRAL | The Stochastics value for PGY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for PGY suggests high volalility. |
| Average Directional Index/ADX (14) | 24.06 | NEUTRAL | The ADX value for PGY suggests a possible start of a new trend. |
PGY Chart- and CandleStick Pattern Analysis
PGY Technicals: Chart, Performance Metrics, Trend & Indicators
14.24
+0.35 (+2.52%)
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 3 / 10 to PGY.
What is the current trend direction of PAGAYA TECHNOLOGIES LTD -A (PGY) stock?
The current trend direction for PAGAYA TECHNOLOGIES LTD -A (PGY) is Bearish.
What is the RSI signal for PGY stock?
PAGAYA TECHNOLOGIES LTD -A (PGY) has an RSI value of 58.3108. 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 -0.00875125, indicating a bearish trend.
What is the support and resistance level for PGY stock?
PAGAYA TECHNOLOGIES LTD -A (PGY) has a support level at 12.91 and a resistance level at 15. Check the full technical report for our detailed analysis of PGY support and resistance levels.