PINEAPPLE ENERGY INC (PEGY) Technical Analysis
NASDAQ:PEGY • US72303P3055
Current stock price
PEGY Technical Rating and Analysis
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 one of the lesser performing stocks in the Electrical Equipment industry. 95% of 91 stocks in the same industry do better.
- 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 Weekly and Daily overview Charts
PEGY Setup Rating and Analysis
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.
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 PINEAPPLE ENERGY INC (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 PEGY stock?
The MACD indicator for PINEAPPLE ENERGY INC (PEGY) has a value of 0.424929, indicating a bearish trend.
What is the buy/sell signal for PEGY stock?
The buy/sell signal for PINEAPPLE ENERGY INC (PEGY) is sell as both the short term and long term trends are negative.