Ping Identity Holding Corp (PING)

US72341T1034 - Common Stock

28.5  +0.03 (+0.11%)

After market: 28.51 +0.01 (+0.04%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to PING. 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.

Both the short term and long term trends are positive. This is a very positive sign.
PING is part of the Software industry. There are 277 other stocks in this industry. PING outperforms 91% of them.
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.
Looking at the yearly performance, PING did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong 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.
Weekly and Daily overview Charts
PING Weekly chart
PING Daily chart
Setup Rating and Analysis

6

Although PING has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

27.76

29.87

We found 1 important support 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.53
Mansfield3.89
10 Day High28.52
10 Day Low28.2
20 Day High28.52
20 Day Low28.07
52 Week High30.4
52 Week Low15.85
Performance
1 Week0.85%
2 Weeks1.06%
1 Month0.92%
3 Month47.29%
6 Month3.49%
12 Month1.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)71.36
LBB28.05
UBB28.52
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.

ENTRYEXITDISTANCECAPITAL
28.5328.190.34 (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%.For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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 Daily chart

Ping Identity Holding Corp

NYSE:PING (10/17/2022, 7:04:00 PM)

After market: 28.51 +0.01 (+0.04%)

28.5

+0.03 (+0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.11%
1 Week0.85%
2 Weeks1.06%
1 Month0.92%
3 Month47.29%
6 Month3.49%
12 Month1.86%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%0.37%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High28.52
10 Day Low28.2
20 Day High28.52
20 Day Low28.07
52 Week High30.4
52 Week Low15.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.47M
Volume Incr40.43%
Vol(5)4.54M
Vol(50)2.62M