PENNANTPARK FLOATING RATE CA (PFLT) Technical Analysis
NYSE:PFLT • US70806A1060
Current stock price
PFLT Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to PFLT. Recently some decent action could be observed, but in the medium term time frame this is still negative. PFLT was also a bad performer in the overall market in the last year.
- 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. 62% of 239 stocks in the same industry do better.
- PFLT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- PFLT has an average volume of 1096980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- PFLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PFLT is lagging the market.
PFLT Weekly and Daily overview Charts
PFLT Setup Rating and Analysis
Although the technical rating is bad, PFLT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 8.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PFLT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PFLT Support and Resistance Analysis
8.63
We can see 3 important resistance areas.
- A resistance zone ranging from 8.73 to 8.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.26 from a trend line in the daily time frame.
- A resistance zone ranging from 9.55 to 9.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
PFLT 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 PFLT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFLT is up. |
| ChartMill Relative Strength | 19.84 | NEGATIVE | PFLT has a low relative strength, it was outperformed by 80.16% 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) | UP | POSITIVE | The current price of PFLT is above the rising 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) | 59.29 | NEUTRAL | The RSI value for PFLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PFLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.12 | NEUTRAL | The Stochastics value for PFLT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for PFLT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for PFLT suggests a possible start of a new trend. |
PFLT Chart- and CandleStick Pattern Analysis
PFLT Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:PFLT (4/29/2026, 11:30:39 AM)
8.715
-0.06 (-0.74%)
PENNANTPARK FLOATING RATE CA / PFLT TA FAQ
What is the technical rating for PFLT stock?
ChartMill assigns a technical rating of 3 / 10 to PFLT.
Can you provide the trend direction for PENNANTPARK FLOATING RATE CA?
The current trend direction for PENNANTPARK FLOATING RATE CA (PFLT) is Bearish.
Can you provide the RSI signal for PENNANTPARK FLOATING RATE CA?
PENNANTPARK FLOATING RATE CA (PFLT) has an RSI value of 59.2939. This indicates that the stock is currently neutral.
What is the buy/sell signal for PENNANTPARK FLOATING RATE CA (PFLT) stock?
The buy/sell signal for PENNANTPARK FLOATING RATE CA (PFLT) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for PENNANTPARK FLOATING RATE CA (PFLT) stock?
PENNANTPARK FLOATING RATE CA (PFLT) has a support level at 8.78 and a resistance level at 9.26. Check the full technical report for our detailed analysis of PFLT support and resistance levels.