Penske Automotive Group, Inc. (PAG)

Penske Automotive Group, Inc. is trading at $217.55, up 0.62% on the session. The 50 day average sits at $196.01 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 67.9, which reads as strong, and MACD is bearish crossover. Volume is below average.

The nearest support is around $215.17 with resistance near $227.00, so that band frames the current range. Average daily movement is roughly $4.50, or about 2.1% of the share price, which is what any stop placement has to allow for. The overall health score of 66 out of 100 combines a trend score of 75, momentum of 58 and a risk score of 64.

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships in the United States, the United Kingdom, Germany, Italy, Japan, Canada, Australia, New Zealand, and internationally. It operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. The company operates franchise dealerships under franchise agreements with various automotive manufacturers and distributors. It is also involved in the sale of new and used vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, the company operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts, as well as distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan. Penske Automotive Group, Inc. operates as a subsidiary of Penske Corporation, Inc.