PGNY:NASDAQProgyny, Inc. analysis

Progyny, Inc. is priced at $27.58 and its moving averages line up in bullish order, the shorter sitting above the longer. Over a rolling month the price has gained 6.3%. With RSI at 55.9 the momentum picture is neutral, alongside a bullish MACD signal. The recent range runs from support at $24.33 up to resistance at $28.82.
The shares look fair, trading on 30.0 times earnings in line with a sector average of 31.3. The average analyst target implies 24.8% above today's level. Revenue is growing at 5.3% on a 6.0% profit margin.
The composite risk read is 6/10, putting it in elevated territory. With 30-day volatility of 32.7%, a beta of 0.34 and a maximum drawdown of 42.6%, position sizing matters here. The wider market backdrop reads extreme greed at 90 on the fear-greed composite.
All three time horizons resolve to buy, carrying 6/10 conviction.