PINEAPPLE ENERGY INC (PEGY) Stock Technical Analysis
NASDAQ:PEGY - Nasdaq - US72303P3055 - Common Stock - Currency: USD
Taking everything into account, PEGY scores 0 out of 10 in our technical rating. 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 93 other stocks in this industry, of which 93% are performing better than PEGY.
PEGY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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 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
3.31
3.49
When analyzing the resistance we notice one important area.
- Resistance @3.46 from a horizontal line in the daily time frame.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.34
+0.1 (+3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg3.09%
1 Week5.03%
2 Weeks-6.18%
1 Month-48.54%
3 Month-91.37%
6 Month-97.5%
12 Month-99.25%
2 Year-99.82%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%14.48%
ATR Inc-24.88%
Range Today0.26
ADR(20)0.45
ADR(20)%13.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.1
Mansfield-9.77
10 Day High3.71
10 Day Low2.85
20 Day High6.03
20 Day Low2.85
52 Week High540
52 Week Low2.85
CS1 EndN/A
CR1 Start3.46
Volume & EV
DER(3)0.95%
DER(5)-1.04%
Volume96.20K
Volume Incr-95.53%
Vol(5)176.54K
Vol(50)14.12M