RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PEGA
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Pegasystems Inc. stock upgraded to Buy Candidate.
(Updated on Jul 19, 2024)

Buy candidate since Jul 19, 2024 PDF

The Pegasystems Inc. stock price gained 0.0839% on the last trading day (Friday, 19th Jul 2024), rising from $59.62 to $59.67. During the last trading day the stock fluctuated 1.79% from a day low at $59.06 to a day high of $60.12. The price has risen in 6 of the last 10 days and is up by 1.98% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 57 thousand more shares were traded than the day before. In total, 413 thousand shares were bought and sold for approximately $24.65 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.33% during the next 3 months and, with a 90% probability hold a price between $53.60 and $60.59 at the end of this 3-month period.

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PEGA Signals & Forecast

The Pegasystems Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $59.82. On a fall, the stock will find some support from the long-term average at approximately $58.54. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, July 15, 2024, and so far it has fallen -1.47%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Pegasystems Inc. stock

Pegasystems Inc. finds support from accumulated volume at $59.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.06 between high and low, or 1.79%. For the last week the stock has had daily average volatility of 2.11%.

Our recommended stop-loss: $57.03 (-4.42%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 31 days ago.)

Trading Expectations (PEGA) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Pegasystems Inc. to open at $59.62, and during the day (based on 14 day Average True Range), to move between $58.27 and $61.07, which gives a possible trading interval of +/-$1.40 (+/-2.34%) up or down from last closing price. If Pegasystems Inc. takes out the full calculated possible swing range there will be an estimated 4.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $59.42 (0.42%) than the resistance at $60.53 (1.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Earnings coming up

Pegasystems Inc. will release earnings AMC on Wednesday, July 24, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.230. We will update the financials statements for Pegasystems Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.97% in the first trading day after earnings release.

Is Pegasystems Inc. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.450 Buy Candidate Upgraded

Predicted Opening Price for Pegasystems Inc. of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$59.62 ( 0.0894%) $59.67

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PEGA

Fibonacci Support & Resistance Levels

Level Price
R3 60.68 1.69%
R2 60.27 1.01%
R1 60.02 0.589%
Price 59.67
S1 59.21 -0.768%
S2 58.96 -1.19%
S3 58.56 -1.87%

Accumulated Volume Support & Resistance Levels

Level Price
R3 61.80 3.57%
R2 60.83 1.94%
R1 60.53 1.44%
Price 59.67
S1 59.42 -0.419%
S2 59.08 -0.99%
S3 58.82 -1.42%

PEGA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 01, 2024 Jul 01, 2024 Jul 15, 2024 $0.0300 0.0495%
2 Mar 28, 2024 Mar 28, 2024 Apr 15, 2024 $0.0300 0.0513%
3 Dec 15, 2023 Dec 29, 2023 Jan 16, 2024 $0.0300 0.0647%
4 Sep 15, 2023 Sep 29, 2023 Oct 16, 2023 $0.0300 0.0721%
5 Jun 16, 2023 Jun 30, 2023 Jul 17, 2023 $0.0300 0.0534%

FAQ

What is the symbol for Pegasystems Inc. Stock and on which exchange is it traded?
The symbol for Pegasystems Inc. is PEGA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Pegasystems Inc. Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Pegasystems Inc. Stock?
Pegasystems Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Pegasystems Inc. Stock.

What's the current price of Pegasystems Inc. Stock?
As of the end of day on the Jul 19, 2024, the price of an Pegasystems Inc. (PEGA) share was $59.67.

What is the 52-week high and low for Pegasystems Inc. Stock?
The 52-week high for Pegasystems Inc. Stock is $69.26 and the 52-week low is $37.66.

What is the market capitalization of Pegasystems Inc. Stock?
As of the Jul 19, 2024, the market capitalization of Pegasystems Inc. is 5.074B.

When is the next earnings date for Pegasystems Inc.?
The upcoming earnings date for Pegasystems Inc. is Jul 24, 2024.
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About Pegasystems Inc.

Pegasystems. Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software applications in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. It provides Pega Platform, an application development product for clients; and Pega Infinity, a software platform that unifies customer engagement and digital process automation. The company also offers customer engagement a... PEGA Profile

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