PROG HOLDINGS INC (PRG) Stock Technical Analysis
NYSE:PRG - New York Stock Exchange, Inc. - US74319R1014 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to PRG. In the past year, PRG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
PRG is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 69% are performing better than PRG.
PRG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PRG has a been trading in the 27.19 - 31.14 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, PRG turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
PRG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 29.46, a Stop Loss order could be placed below this zone.
More info and screens
27.65
30.89
We found 2 important support areas.
- A support zone ranging from 28.75 to 29.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.93 to 27.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 30.11 to 30.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The short term trend for PRG is up. |
| ChartMill Relative Strength | 42.54 | 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) | UP | POSITIVE | The current price of PRG is above the rising 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) | 54.18 | NEUTRAL | The RSI value for PRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PRG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.6 | NEUTRAL | The Stochastics value for PRG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PRG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.28 | NEUTRAL | The ADX value for PRG suggests a possible start of a new 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)
29.97
-0.61 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.99%
1 Week-1.8%
2 Weeks1.59%
1 Month0.71%
3 Month17.9%
6 Month-25.32%
12 Month-9.51%
2 Year-26.15%
3 Year62.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%2.91%
ATR Inc-27.29%
Range Today0.61
ADR(20)0.83
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.54
Mansfield-2.66
10 Day High31.14
10 Day Low29.11
20 Day High31.14
20 Day Low27.19
52 Week High50.28
52 Week Low23.5
CS1 End29.46
CR1 Start30.11
Volume & EV
DER(3)1.15%
DER(5)1.15%
Volume384.20K
Volume Incr-13.64%
Vol(5)333.54K
Vol(50)435.18K