Ping Identity Holding Corp (PING) Technical Analysis
NYSE:PING • US72341T1034
Current stock price
PING Technical Rating and Analysis
Overall PING gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PING is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- PING is one of the better performing stocks in the Software industry, it outperforms 95% of 271 stocks in the same industry.
- PING 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 PING is lagging the market slightly.
- PING has an average volume of 2615140 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 PING is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month PING has a been trading in a tight range between 28.07 and 28.52.
- Volume is considerably higher in the last couple of days.
PING Weekly and Daily overview Charts
PING Setup Rating and Analysis
PING has an excellent technical rating, but the quality of the setup is 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
PING Support and Resistance Analysis
27.76
When analyzing the support we notice one important area.
- A support zone ranging from 28.04 to 28.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @29.57 from a horizontal line in the weekly time frame.
PING 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 | UP | POSITIVE | The long term trend for PING is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PING is up. |
| ChartMill Relative Strength | 95.53 | POSITIVE | PING has a high relative strength, it outperformed 95.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PING is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PING is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PING is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.36 | OVERBOUGHT | The high RSI value suggests PING may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PING has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.23 | OVERBOUGHT | The high Stochastics value suggests PING may be overbought. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for PING suggests low volalility. |
| Average Directional Index/ADX (14) | 46.99 | POSITIVE | The high ADX value value for PING suggests a strong trend. |
PING Chart- and CandleStick Pattern Analysis
PING Example Setup
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 |
|---|---|---|---|
| 28.53 | 28.19 | 0.34 (1.17%) | 25.00% |
| An entry @28.53. This is a Buy Stop order right above the 10 day high. | An exit @28.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.34 points, which is 1.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
- 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.
PING Technicals: Chart, Performance Metrics, Trend & Indicators
28.5
+0.03 (+0.11%)
Ping Identity Holding Corp / PING TA FAQ
What is the ChartMill technical rating of Ping Identity Holding Corp (PING) stock?
ChartMill assigns a technical rating of 8 / 10 to PING.
Can you provide the trend direction for Ping Identity Holding Corp?
The current trend direction for Ping Identity Holding Corp (PING) is Bullish.
Can you provide the RSI signal for Ping Identity Holding Corp?
Ping Identity Holding Corp (PING) has an RSI value of 71.3633. This indicates that the stock is currently overbought.
Can you provide the MACD signal for Ping Identity Holding Corp?
The MACD indicator for Ping Identity Holding Corp (PING) has a value of -0.0471079, indicating a bearish trend.
What is the buy/sell signal for PING stock?
The buy/sell signal for Ping Identity Holding Corp (PING) is buy as both the short term and long term trends are positive.