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PINEAPPLE ENERGY INC (PEGY) Stock Technical Analysis

NASDAQ:PEGY - Nasdaq - US72303P3055 - Common Stock - Currency: USD

3.34  +0.1 (+3.09%)

After market: 3.2509 -0.09 (-2.67%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to PEGY. PEGY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 94 other stocks in this industry, of which 92% 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.
Weekly and Daily overview Charts
PINEAPPLE ENERGY INC / PEGY Weekly stock chart
PINEAPPLE ENERGY INC / PEGY Daily stock chart
Setup Rating and Analysis

4

PEGY has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

3.31

3.49

We found 1 important resistance area.

  • Resistance @3.46 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PEGY is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for PEGY is down.
ChartMill Relative Strength0.1NEGATIVEPEGY has a low relative strength, it was outperformed by 99.9% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PEGY is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PEGY is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PEGY is below a declining SMA(200).
Relative Strength Index/RSI (14)33.38NEUTRALThe RSI value for PEGY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.42POSITIVEThe MACD value suggests PEGY has a positive trend, although the MACD value is declining.
Stochastics (14,3)29.26NEUTRALThe Stochastics value for PEGY is a neutral value.
Average True Range in percent/ATR (20)14.48HIGH VOLATILITYThe high ATR as a percentage value for PEGY suggests high volalility.
Average Directional Index/ADX (14)16.31NEGATIVEThe low ADX value for PEGY suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
PINEAPPLE ENERGY INC / PEGY Daily stock chart

PINEAPPLE ENERGY INC

NASDAQ:PEGY (11/18/2024, 8:00:00 PM)

After market: 3.2509 -0.09 (-2.67%)

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