PEGASYSTEMS INC (PEGA)
US7055731035 - Common Stock
We assign a technical rating of 10 out of 10 to PEGA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PEGA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PEGA did better than 95% of all other stocks. On top of that, PEGA also shows a nice and consistent pattern of rising prices.
PEGA is one of the better performing stocks in the Software industry, it outperforms 85% of 279 stocks in the same industry.
PEGA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PEGA is leading the market.
In the last month PEGA has a been trading in the 89.23 - 97.94 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, PEGA also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 97.28. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
76.31
98.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 94.59 to 95.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @92.40 from a horizontal line in the daily time frame.
- Support @77.08 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 97.28 to 97.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.3
Mansfield3.16
10 Day High97.85
10 Day Low91.89
20 Day High97.94
20 Day Low89.23
52 Week High97.94
52 Week Low44.07
Performance
1 Week0.69%
2 Weeks-2.1%
1 Month6.41%
3 Month39.75%
6 Month61.92%
12 Month91.51%
2 Year178.15%
3 Year-14.83%
5 Year19.57%
10 Year358.55%
15 Year460.24%
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)-0.74
RSI(14)57
LBB92.71
UBB98.32
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 97.29 | 94.58 | 2.71 (2.79%) | 25.00% |
| An entry @97.29. This is a Buy Stop order right above the resistance zone. | An exit @94.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.71 points, which is 2.79%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PEGA. Please evaluate whether better entry and exit points can be found.
- 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.
PEGASYSTEMS INC
NASDAQ:PEGA (12/20/2024, 8:00:00 PM)
After market: 95.237 0 (0%)95.24
+1.11 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.18%
1 Week0.69%
2 Weeks-2.1%
1 Month6.41%
3 Month39.75%
6 Month61.92%
12 Month91.51%
2 Year178.15%
3 Year-14.83%
5 Year19.57%
10 Year358.55%
15 Year460.24%
Volatility
ATR(14)2.73
ATR(20)%2.84%
ATR Inc24.39%
Range Today4.19
ADR(20)2.64
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.3
Mansfield3.16
10 Day High97.85
10 Day Low91.89
20 Day High97.94
20 Day Low89.23
52 Week High97.94
52 Week Low44.07
CS1 End95.22
CR1 Start97.28
Volume & EV
DER(3)0.02%
DER(5)0.88%
Volume726.90K
Volume Incr4.7%
Vol(5)463.04K
Vol(50)518.96K