KRAKEN ROBOTICS INC (PNG.CA) Stock Technical Analysis
TSX-V:PNG - TSX Venture Exchange - CA50077N1024 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to PNG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PNG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PNG did better than 95% of all other stocks. We also observe that the gains produced by PNG over the past year are nicely spread over this period.
PNG is part of the Electronic Equipment, Instruments & Components industry. There are 14 other stocks in this industry. PNG outperforms 84% of them.
PNG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PNG is performing more or less in line with the market.
PNG has an average volume of 1003650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PNG has a been trading in the 2.29 - 3.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher 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
1.67
3.00
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.48 to 2.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.37 from a horizontal line in the daily time frame.
- Support @2.33 from a trend line in the daily time frame.
- Support @2.12 from a horizontal line in the daily time frame.
- Support @1.69 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.94 to 2.97. This zone is formed by a combination of multiple trend lines 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 PNG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNG.CA is up. |
| ChartMill Relative Strength | 95.3 | POSITIVE | PNG.CA has a high relative strength, it outperformed 95.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PNG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.65 | NEUTRAL | The RSI value for PNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PNG.CA has a negative trend. |
| Stochastics (14,3) | 50.82 | NEUTRAL | The Stochastics value for PNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for PNG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for PNG.CA 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)
TSX-V:PNG (6/20/2025, 7:00:00 PM)
2.77
+0.09 (+3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.36%
1 Week-5.46%
2 Weeks-3.15%
1 Month12.15%
3 Month6.13%
6 Month5.93%
12 Month190.05%
2 Year465.31%
3 Year779.37%
5 Year459.6%
10 Year1219.05%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%4.94%
ATR Inc-39.05%
Range Today0.12
ADR(20)0.13
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.3
Mansfield2.6
10 Day High3.07
10 Day Low2.65
20 Day High3.07
20 Day Low2.3
52 Week High3.07
52 Week Low0.94
CS1 End2.49
CR1 Start2.94
Volume & EV
DER(3)0.31%
DER(5)-4.07%
Volume1.32M
Volume Incr160.61%
Vol(5)2.93M
Vol(50)1.00M