PINEAPPLE ENERGY INC (PEGY) Technical Analysis
NASDAQ:PEGY • US72303P3055
Current stock price
PEGY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PEGY. PEGY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PEGY is a bad performer in the overall market: 100% of all stocks are doing better.
- PEGY is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 95% are performing better than PEGY.
- PEGY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PEGY is lagging the market.
- In the last month PEGY has a been trading in the 2.85 - 6.03 range, which is quite wide. It is currently trading near the lows of this range.
- PEGY has an average volume of 14117800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
PEGY Weekly and Daily overview Charts
PEGY Setup Rating and Analysis
PEGY has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PEGY Support and Resistance Analysis
3.31
We found 1 important resistance area.
- Resistance @3.46 from a horizontal line in the daily time frame.
PEGY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PEGY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEGY is down. |
| ChartMill Relative Strength | 0.1 | NEGATIVE | PEGY has a low relative strength, it was outperformed by 99.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PEGY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PEGY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEGY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.38 | NEUTRAL | The RSI value for PEGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests PEGY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.26 | NEUTRAL | The Stochastics value for PEGY is a neutral value. |
| Average True Range in percent/ATR (20) | 14.48 | HIGH VOLATILITY | The high ATR as a percentage value for PEGY suggests high volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for PEGY suggests a weak or negative trend. |
PEGY Chart- and CandleStick Pattern Analysis
PEGY Technicals: Chart, Performance Metrics, Trend & Indicators
3.34
+0.1 (+3.09%)
PINEAPPLE ENERGY INC / PEGY TA FAQ
Can you provide the ChartMill technical rating for PINEAPPLE ENERGY INC?
ChartMill assigns a technical rating of 0 / 10 to PEGY.
What is the trend direction for PEGY stock?
The current trend direction for PINEAPPLE ENERGY INC (PEGY) is Bearish.
What is the RSI signal for PEGY stock?
PINEAPPLE ENERGY INC (PEGY) has an RSI value of 33.3841. This indicates that the stock is currently neutral.
What is the MACD signal for PINEAPPLE ENERGY INC (PEGY) stock?
The MACD indicator for PINEAPPLE ENERGY INC (PEGY) has a value of 0.424929, indicating a bearish trend.
Can you provide the short term momentum for PINEAPPLE ENERGY INC?
The short term momentum for PINEAPPLE ENERGY INC (PEGY) is negative.