PepGen stock jumps 116.32% intraday as overbought readings flag risk

PepGen stock holds a bullish daily bias, but overbought readings and conflicting intraday momentum complicate the outlook. Price stands above its daily exponential averages and upper Bollinger band. However, the 15-minute MACD does not confirm the positive daily and hourly signals. Key takeaways PepGen stock was trading at $5.17 as of 12:58 ET, up 116.32% versus the previous close of $2.39. 1,173,247 shares had traded by 12:58 ET. Daily RSI14 is 83.05, in overbought territory, and hourly RSI14 is 75.98, also overbought. The 15-minute MACD line at 0.67 is below its signal at 0.73, with a negative histogram of -0.07. Price is above the daily upper Bollinger band at $3.84 and below the hourly pivot at $5.33.

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