PROG HOLDINGS INC (PRG) Stock Technical Analysis
NYSE:PRG - New York Stock Exchange, Inc. - US74319R1014 - Common Stock - Currency: USD
Taking everything into account, PRG scores 4 out of 10 in our technical rating. In the past year, PRG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
74% of all other stocks performed better in the past year than PRG.
PRG is one of the lesser performing stocks in the Consumer Finance industry. 84% of 52 stocks in the same industry do better.
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 bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is only medium, PRG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 30.05. Right above this resistance zone may be a good entry point.
More info and screens
28.05
34.57
When analyzing the support we notice one important area.
- Support @28.33 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.05 to 30.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.23 from a trend line in the daily time frame.
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 | 26.56 | NEGATIVE | PRG has a low relative strength, it was outperformed by 73.44% off all stocks 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) | 55.88 | NEUTRAL | The RSI value for PRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.29 | NEUTRAL | The Stochastics value for PRG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for PRG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.55 | 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)
29.09
+0.03 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.1%
1 Week0.9%
2 Weeks1.46%
1 Month4.34%
3 Month3.34%
6 Month-37.96%
12 Month-18.4%
2 Year-9.43%
3 Year76.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.72%
ATR Inc-2.95%
Range Today0.83
ADR(20)0.71
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.56
Mansfield-2.74
10 Day High29.64
10 Day Low28.01
20 Day High30.32
20 Day Low27.75
52 Week High50.28
52 Week Low23.5
CS1 End28.33
CR1 Start30.05
Volume & EV
DER(3)1.89%
DER(5)0.9%
Volume322.90K
Volume Incr-27.95%
Vol(5)359.68K
Vol(50)494.69K