PAGAYA TECHNOLOGIES LTD -27 (PGYWW) Stock Technical Analysis
USA - NASDAQ:PGYWW -
0.511 USD
-0.03 (-4.84%)
0.5105 USD
0 (-0.1%)
We assign a technical rating of 8 out of 10 to PGYWW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PGYWW is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PGYWW 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 PGYWW is lagging the market slightly.
Looking at the yearly performance, PGYWW did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month PGYWW has a been trading in the 0.47 - 0.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PGYWW has an excellent technical rating and 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 PGYWW 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
0.45
0.55
2 important support areas can be observed.
- Support @0.48 from a trend line in the daily time frame.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.54 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 PGYWW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGYWW is neutral. |
| ChartMill Relative Strength | 98.61 | POSITIVE | PGYWW has a high relative strength, it outperformed 98.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PGYWW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PGYWW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PGYWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47 | NEUTRAL | The RSI value for PGYWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PGYWW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.62 | NEUTRAL | The Stochastics value for PGYWW is a neutral value. |
| Average True Range in percent/ATR (20) | 15.71 | HIGH VOLATILITY | The high ATR as a percentage value for PGYWW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.15 | NEGATIVE | The low ADX value for PGYWW suggests a weak or negative 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 |
|---|---|---|---|
| 0.53 | 0.47 | 0.06 (11.32%) | 8.83% |
| An entry @0.53. This is a Buy Stop order right above the resistance zone. | An exit @0.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 11.32%. | When investing 8.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PGYWW. 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.
0.511
-0.03 (-4.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.84%
1 Week-0.2%
2 Weeks-18.11%
1 Month3.23%
3 Month259.86%
6 Month529.31%
12 Month185.48%
2 Year80.25%
3 Year240.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%15.71%
ATR Inc-42.44%
Range Today0.08
ADR(20)0.08
ADR(20)%15.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.61
Mansfield12.39
10 Day High0.65
10 Day Low0.47
20 Day High0.72
20 Day Low0.47
52 Week High0.72
52 Week Low0.05
CS1 End0.48
CR1 Start0.52
Volume & EV
DER(3)10.05%
DER(5)-2.21%
Volume93.60K
Volume Incr-48.35%
Vol(5)38.82K
Vol(50)75.46K