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Examining the Potential Price Growth of Pegasystems Inc (PEGA)

Pegasystems Inc’s recently made public that its Chief of Clients and Markets Trefler Leon unloaded Company’s shares for reported $0.16 million on Mar 04 ’25. In the deal valued at $75.65 per share,2,049 shares were sold. As a result of this transaction, Trefler Leon now holds 52,019 shares worth roughly $3.68 million.

Then, STILLWELL KENNETH sold 2,000 shares, generating $156,620 in total proceeds. Upon selling the shares at $78.31, the COO, CFO now owns 13,765 shares.

Before that, LEON TREFLER bought 2,049 shares. Pegasystems Inc shares valued at $157,773 were divested by the Officer at a price of $77.00 per share.

A number of analysts have revised their coverage, including Loop Capital’s analysts, who increased its forecast for the stock in early August from “a Hold” to “a Buy”. JMP Securities also remained covering PEGA and has increased its forecast on July 31, 2024 with a “Mkt outperform” recommendation from previously “Mkt perform” rating. William Blair revised its rating on July 30, 2024. It rated PEGA as “an Outperform” which previously was an “a Mkt perform”.

Price Performance Review of PEGA

On Tuesday, Pegasystems Inc [NASDAQ:PEGA] saw its stock jump 0.58% to $70.83. Over the last five days, the stock has lost -8.76%. Pegasystems Inc shares have fallen nearly -24.00% since the year began. Nevertheless, the stocks have risen 10.64% over the past one year. While a 52-week high of $113.67 was reached on 01/28/25, a 52-week low of $54.55 was recorded on 03/11/25. SMA at 50 days reached $93.44, while 200 days put it at $77.54.

Levels Of Support And Resistance For PEGA Stock

The 24-hour chart illustrates a support level at 69.68, which if violated will result in even more drops to 68.53. On the upside, there is a resistance level at 72.05. A further resistance level may holdings at 73.27. The Relative Strength Index (RSI) on the 14-day chart is 25.79, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.78%. Stochastics %K at 6.93% indicates the stock is a buying.

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