Latest

Precigen Inc (PGEN): Price Now Near $4.6; Daily Chart Shows Downtrend on 20 Day Basis

The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment -- meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The post Precigen Inc (PGEN): Price Now Near $4.6; Daily Chart Shows Downtrend on 20 Day Basis appeared first on ETF Daily News. ...

The Hourly View for PGEN

Currently, PGEN (Get Ratings)’s price is down $-0.06 (-1.18%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

PGEN ranks 288th in terms of today’s price percentage change out of Business Services stocks.

PGEN’s Technical Outlook on the Daily Chart

Currently, PGEN’s price is down $-0.07 (-1.39%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as PGEN has now gone down 4 of the past 5 days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The chart below shows PGEN’s price action over the past 90 days.

PGEN

<In comparison to its 7 day average, PGEN's volume of shares traded is 68.26% lower, now standing at 284368.

<

PGEN: Daily RSI Analysis

  • PGEN’s RSI now stands at 28.5714.
  • PGEN and RSI may be exhibiting divergent trends. This may be something to monitor.

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market


The post Precigen Inc (PGEN): Price Now Near $4.6; Daily Chart Shows Downtrend on 20 Day Basis appeared first on ETF Daily News.

Leave a Reply

%d bloggers like this: