KRAKEN ROBOTICS INC (PNG.CA) Stock Technical Analysis
TSX-V:PNG - TSX Venture Exchange - CA50077N1024 - Common Stock - Currency: CAD
Overall PNG gets a technical rating of 7 out of 10. In the last year, PNG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, PNG did better than 93% of all other stocks. On top of that, PNG also shows a nice and consistent pattern of rising prices.
PNG is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 92% of 14 stocks in the same industry.
PNG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month PNG has a been trading in the 2.15 - 2.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although PNG has an excellent technical rating, the quality of the presented setup is not ideal 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
1.59
2.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.21 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.11 to 2.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.37 from a trend line in the weekly time frame.
- Resistance @2.47 from a trend line in the daily time frame.
- A resistance zone ranging from 2.62 to 2.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.63
Mansfield2.32
10 Day High2.64
10 Day Low2.28
20 Day High2.64
20 Day Low2.15
52 Week High3.01
52 Week Low0.92
Performance
1 Week-4.44%
2 Weeks-1.25%
1 Month1.72%
3 Month-8.85%
6 Month-5.95%
12 Month130.1%
2 Year315.79%
3 Year607.46%
5 Year323.21%
10 Year1028.57%
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
RSI(14)50.05
LBB2.16
UBB2.57
TSX-V:PNG (5/8/2025, 7:00:00 PM)
2.37
+0.03 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.28%
1 Week-4.44%
2 Weeks-1.25%
1 Month1.72%
3 Month-8.85%
6 Month-5.95%
12 Month130.1%
2 Year315.79%
3 Year607.46%
5 Year323.21%
10 Year1028.57%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%4.89%
ATR Inc-30.65%
Range Today0.1
ADR(20)0.11
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.63
Mansfield2.32
10 Day High2.64
10 Day Low2.28
20 Day High2.64
20 Day Low2.15
52 Week High3.01
52 Week Low0.92
CS1 End2.24
CR1 Start2.37
Volume & EV
DER(3)-6.51%
DER(5)-7.34%
Volume762.21K
Volume Incr-34.61%
Vol(5)451.30K
Vol(50)700.41K