PENUMBRA INC (PEN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PEN - US70975L1070 - Common Stock
Overall PEN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
PEN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 316.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 315.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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226.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 309.41 to 310.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @236.33 from a trend line in the weekly time frame.
- A support zone ranging from 228.86 to 230.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 315.11 to 320.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for PEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEN is up. |
| ChartMill Relative Strength | 83.75 | POSITIVE | PEN has a high relative strength, it outperformed 83.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.08 | NEUTRAL | The RSI value for PEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.48 | NEGATIVE | The MACD value suggests PEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.48 | NEUTRAL | The Stochastics value for PEN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for PEN suggests some volalility. |
| Average Directional Index/ADX (14) | 32.51 | POSITIVE | The high ADX value value for PEN suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 320.87 | 309.40 | 11.47 (3.57%) | 25.00% |
| An entry @320.87. This is a Buy Stop order right above the resistance zone. | An exit @309.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.47 points, which is 3.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:PEN (1/7/2026, 3:24:23 PM)
311.145
-5.83 (-1.84%)
PENUMBRA INC / PEN FAQ
What is the ChartMill technical rating of PENUMBRA INC (PEN) stock?
ChartMill assigns a technical rating of 10 / 10 to PEN.
What is the current trend direction of PENUMBRA INC (PEN) stock?
The current trend direction for PENUMBRA INC (PEN) is Bullish.
Can you provide the RSI signal for PENUMBRA INC?
PENUMBRA INC (PEN) has an RSI value of 63.0807. This indicates that the stock is currently neutral.
What is the MACD signal for PEN stock?
The MACD indicator for PENUMBRA INC (PEN) has a value of -1.47667, indicating a bearish trend.
What is the buy/sell signal for PEN stock?
The buy/sell signal for PENUMBRA INC (PEN) is buy as both the short term and long term trends are positive.