PENNANTPARK FLOATING RATE CA (PFLT) Stock Technical Analysis
USA - NYSE:PFLT - US70806A1060 - Common Stock
9.21 USD
+0.03 (+0.33%)
9.2 USD
-0.01 (-0.11%)
We assign a technical rating of 1 out of 10 to PFLT. PFLT 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
81% of all other stocks performed better in the past year than PFLT.
PFLT is one of the lesser performing stocks in the Capital Markets industry. 64% of 237 stocks in the same industry do better.
PFLT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PFLT has a been trading in the 8.55 - 9.45 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PFLT has an average volume of 1259620 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.
PFLT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
8.34
11.06
We found 1 important support area.
- A support zone ranging from 8.42 to 8.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.21 to 9.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.62 from a trend line in the daily time frame.
- A resistance zone ranging from 10.10 to 10.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.95 from a trend line in the weekly 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 PFLT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFLT is neutral. |
| ChartMill Relative Strength | 19.5 | NEGATIVE | PFLT has a low relative strength, it was outperformed by 80.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PFLT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PFLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.69 | NEUTRAL | The RSI value for PFLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PFLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.84 | NEUTRAL | The Stochastics value for PFLT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for PFLT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for PFLT suggests a possible start of a new 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)
9.21
+0.03 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.33%
1 Week-0.43%
2 Weeks0.88%
1 Month8.1%
3 Month-9.97%
6 Month-9.97%
12 Month-16.5%
2 Year-17.32%
3 Year-20.33%
5 Year-11.7%
10 Year-23.44%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.83%
ATR Inc31.8%
Range Today0.2
ADR(20)0.16
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.5
3 months CRS20.2
6 months CRS20.05
Mansfield-1.99
10 Day High9.45
10 Day Low9.03
20 Day High9.45
20 Day Low8.55
52 Week High11.5
52 Week Low8.4
CS1 End8.5
CR1 Start9.21
Volume & EV
DER(3)-4.52%
DER(5)-2.91%
Volume820.60K
Volume Incr-32.72%
Vol(5)802.31K
Vol(50)1.26M
PENNANTPARK FLOATING RATE CA / PFLT FAQ
What is the technical rating for PFLT stock?
ChartMill assigns a technical rating of 1 / 10 to PFLT.
What is the current trend direction of PENNANTPARK FLOATING RATE CA (PFLT) stock?
The current trend direction for PENNANTPARK FLOATING RATE CA (PFLT) is Bearish.
What is the RSI signal for PENNANTPARK FLOATING RATE CA (PFLT) stock?
PENNANTPARK FLOATING RATE CA (PFLT) has an RSI value of 52.6905. This indicates that the stock is currently neutral.
What is the short term momentum for PENNANTPARK FLOATING RATE CA (PFLT) stock?
The short term momentum for PENNANTPARK FLOATING RATE CA (PFLT) is neutral.