PROG HOLDINGS INC (PRG) Technical Analysis
NYSE:PRG • US74319R1014
Current stock price
PRG Technical Rating and Analysis
Taking everything into account, PRG scores 5 out of 10 in our technical rating. PRG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- PRG is part of the Consumer Finance industry. There are 54 other stocks in this industry. PRG outperforms 73% of them.
- In the last month PRG has a been trading in the 27.24 - 33.01 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, PRG outperforms 63% of them, which is more or less in line with the market.
- PRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRG is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PRG Weekly and Daily overview Charts
PRG Setup Rating and Analysis
PRG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PRG Support and Resistance Analysis
27.07
We found 1 important support area.
- A support zone ranging from 27.34 to 28.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 32.97 to 32.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.41 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 | NEUTRAL | NEUTRAL | The long term trend for PRG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRG is up. |
| ChartMill Relative Strength | 63.69 | NEUTRAL | PRG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PRG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.4 | NEUTRAL | The RSI value for PRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests PRG has a positive trend. |
| Stochastics (14,3) | 93.81 | OVERBOUGHT | The high Stochastics value suggests PRG may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for PRG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for PRG suggests a weak or negative trend. |
PRG Chart- and CandleStick Pattern Analysis
PRG Technicals: Chart, Performance Metrics, Trend & Indicators
32.96
+0.63 (+1.95%)
PROG HOLDINGS INC / PRG TA FAQ
Can you provide the ChartMill technical rating for PROG HOLDINGS INC?
ChartMill assigns a technical rating of 5 / 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 66.3955. 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 0.609102, indicating a bearish trend.