PROG HOLDINGS INC (PRG) Technical Analysis
NYSE:PRG • US74319R1014
Current stock price
PRG Technical Rating and Analysis
Taking everything into account, PRG scores 1 out of 10 in our technical rating. PRG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- PRG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRG is lagging the market.
- PRG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When compared to the yearly performance of all other stocks, PRG outperforms 46% of them, which is more or less in line with the market.
- PRG is part of the Consumer Finance industry. There are 54 other stocks in this industry, PRG did better than 69% of them.
PRG Weekly and Daily overview Charts
PRG Setup Rating and Analysis
PRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.99, a Stop Loss order could be placed below this zone.
More info and screens
PRG Support and Resistance Analysis
27.64
When analyzing the support we notice one important area.
- A support zone ranging from 27.92 to 27.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.02 to 29.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @39.77 from a trend line in the weekly time frame.
PRG 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 PRG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRG is down. |
| ChartMill Relative Strength | 46.83 | NEUTRAL | PRG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.09 | NEUTRAL | The RSI value for PRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PRG has a positive trend. |
| Stochastics (14,3) | 48.73 | NEUTRAL | The Stochastics value for PRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for PRG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.44 | NEUTRAL | The ADX value for PRG suggests a possible start of a new trend. |
PRG Chart- and CandleStick Pattern Analysis
PRG Technicals: Chart, Performance Metrics, Trend & Indicators
28.18
-0.21 (-0.74%)
PROG HOLDINGS INC / PRG TA FAQ
Can you provide the ChartMill technical rating for PROG HOLDINGS INC?
ChartMill assigns a technical rating of 1 / 10 to PRG.
What is the current trend direction of PROG HOLDINGS INC (PRG) stock?
The current trend direction for PROG HOLDINGS INC (PRG) is Bearish.
Can you provide the RSI signal for PROG HOLDINGS INC?
PROG HOLDINGS INC (PRG) has an RSI value of 36.0905. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PROG HOLDINGS INC?
The MACD indicator for PROG HOLDINGS INC (PRG) has a value of 0.10463, indicating a bearish trend.
What is the buy/sell signal for PROG HOLDINGS INC (PRG) stock?
The buy/sell signal for PROG HOLDINGS INC (PRG) is sell as both the short term and long term trends are negative.