Overall PGC gets a technical rating of 7 out of 10. Although PGC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although PGC has an excellent technical rating, it does not present a decent entry opportunity 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.
24.39
We found 3 important support areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for PGC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PGC is up. |
| ChartMill Relative Strength | 30.33 | NEUTRAL | PGC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PGC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PGC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PGC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.77 | NEUTRAL | The RSI value for PGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests PGC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.09 | OVERBOUGHT | The high Stochastics value suggests PGC may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for PGC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.5 | POSITIVE | The high ADX value value for PGC suggests a strong trend. |
29.63
-0.39 (-1.3%)
ChartMill assigns a technical rating of 7 / 10 to PGC.
The current trend direction for PEAPACK GLADSTONE FINL CORP (PGC) is Bullish.
PEAPACK GLADSTONE FINL CORP (PGC) has an RSI value of 67.7677. This indicates that the stock is currently neutral.
The MACD indicator for PEAPACK GLADSTONE FINL CORP (PGC) has a value of 0.166571, indicating a bearish trend.
The buy/sell signal for PEAPACK GLADSTONE FINL CORP (PGC) is buy as both the short term and long term trends are positive.