PEGASYSTEMS INC (PEGA)

US7055731035 - Common Stock

89.5  +2.59 (+2.98%)

After market: 89.99 +0.49 (+0.55%)

Technical Rating and Analysis

10

Taking everything into account, PEGA scores 10 out of 10 in our technical rating. 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 92% of all other stocks. On top of that, PEGA also shows a nice and consistent pattern of rising prices.
PEGA is part of the Software industry. There are 279 other stocks in this industry. PEGA outperforms 79% of them.
PEGA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
PEGA 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Weekly and Daily overview Charts
PEGA Weekly chart
PEGA Daily chart
Setup Rating and Analysis

6

Although PEGA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

57.03

90.40

We found 4 important support areas.

  • A support zone ranging from 84.91 to 88.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @73.63 from a trend line in the daily time frame.
  • Support @70.39 from a horizontal line in the daily time frame.
  • Support @57.61 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.2
Mansfield2.71
10 Day High91.54
10 Day Low84.44
20 Day High91.54
20 Day Low78.83
52 Week High91.54
52 Week Low44.07
Performance
1 Week1.19%
2 Weeks3.91%
1 Month11.93%
3 Month27.46%
6 Month49.34%
12 Month71.23%
2 Year146.9%
3 Year-22.05%
5 Year15.31%
10 Year327.82%
15 Year523.04%
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)-0.21
RSI(14)69.09
LBB82.14
UBB91.34
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
91.5584.437.12 (7.78%)12.86%
An entry @91.55. This is a Buy Stop order right above the 10 day high.An exit @84.43. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 7.12 points, which is 7.78%.When investing 12.86% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
PEGA Daily chart

PEGASYSTEMS INC

NASDAQ:PEGA (11/21/2024, 8:00:01 PM)

After market: 89.99 +0.49 (+0.55%)

89.5

+2.59 (+2.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.98%
1 Week1.19%
2 Weeks3.91%
1 Month11.93%
3 Month27.46%
6 Month49.34%
12 Month71.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.2
ATR(20)%2.46%
ATR Inc
Range Today2.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High91.54
10 Day Low84.44
20 Day High91.54
20 Day Low78.83
52 Week High91.54
52 Week Low44.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume366.20K
Volume Incr-47.22%
Vol(5)345.48K
Vol(50)559.75K