Question 1

What implications does the 10-day RSI indicator have for PEGA?

Accepted Answer

The 10-day RSI Indicator for PEGA moved out of overbought territory on July 31, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In 23 of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about PEGA's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did PEGA's Momentum indicator behave recently?

Accepted Answer

PEGA saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 88 similar instances where the indicator turned positive. In 65 of the 88 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for PEGA?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for PEGA just turned positive on August 15, 2024. Looking at past instances where PEGA's MACD turned positive, the stock continued to rise in 39 of 55 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day price advance indicate for PEGA?

Accepted Answer

Following a +4.31% 3-day Advance, the price is estimated to grow further. Considering data from situations where PEGA advanced for three days, in 229 of 326 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for PEGA's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PEGA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does PEGA breaking above its upper Bollinger Band indicate?

Accepted Answer

PEGA broke above its upper Bollinger Band on July 30, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

How does the Aroon Indicator reflect on PEGA's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 164 of 225 cases where PEGA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

PEGA Stock Pegasystems (PEGA, $58.84) price may climb as it broke lower Bollinger Band on May 28, 2024

Momentum Indicator for PEGA turns positive, indicating new upward trend

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