PENNANTPARK FLOATING RATE CA (PFLT)

US70806A1060 - Common Stock

11.4  +0.03 (+0.26%)

Premarket: 11.5 +0.1 (+0.88%)

Technical Rating and Analysis

5

Taking everything into account, PFLT scores 5 out of 10 in our technical rating. In the past year, PFLT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, PFLT outperforms 55% of them, which is more or less in line with the market.
PFLT is an average performer in the Capital Markets industry, it outperforms 50% of 210 stocks in the same industry.
PFLT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PFLT is lagging the market slightly.
In the last month PFLT has a been trading in a tight range between 11.04 and 11.57.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PFLT Weekly chart
PFLT Daily chart
Setup Rating and Analysis

9

Although the technical rating is only medium, PFLT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.36, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

9.50

12.75

We found 3 important support areas.

  • A support zone ranging from 11.15 to 11.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.01 from a horizontal line in the weekly time frame.
  • A support zone ranging from 9.60 to 9.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 11.42 to 11.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @12.12 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 12.47 to 12.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.77
Mansfield-0.52
10 Day High11.57
10 Day Low11.1
20 Day High11.57
20 Day Low11.04
52 Week High12.63
52 Week Low9.69
Performance
1 Week-1.04%
2 Weeks2.61%
1 Month1.79%
3 Month1.6%
6 Month6.44%
12 Month7.34%
2 Year-2.98%
3 Year-9.81%
5 Year-2.48%
10 Year-18.57%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.12
LBB11.03
UBB11.64
PFLT Daily chart

PENNANTPARK FLOATING RATE CA

NYSE:PFLT (5/1/2024, 7:15:56 PM)

Premarket: 11.5 +0.1 (+0.88%)

11.4

+0.03 (+0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.26%
1 Week-1.04%
2 Weeks2.61%
1 Month1.79%
3 Month1.6%
6 Month6.44%
12 Month7.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%1.39%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.57
10 Day Low11.1
20 Day High11.57
20 Day Low11.04
52 Week High12.63
52 Week Low9.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.01M
Volume Incr182.92%
Vol(5)1.51M
Vol(50)645.59K