PENNANTPARK INVESTMENT CORP (PNNT) Technical Analysis
NYSE:PNNT • US7080621045
Current stock price
4.48 USD
-0.07 (-1.54%)
At close:
4.4902 USD
+0.01 (+0.23%)
After Hours:
PNNT Technical Rating and Analysis
Overall PNNT gets a technical rating of 0 out of 10. PNNT 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PNNT is a bad performer in the overall market: 89% of all stocks are doing better.
- PNNT is one of the lesser performing stocks in the Capital Markets industry. 75% of 239 stocks in the same industry do better.
- PNNT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PNNT is lagging the market.
- PNNT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
PNNT Weekly and Daily overview Charts
PNNT Setup Rating and Analysis
PNNT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
PNNT Support and Resistance Analysis
4.44
7.34
5 important resistance areas can be observed.
- A resistance zone ranging from 4.49 to 4.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.36 from a trend line in the weekly time frame.
- Resistance @5.55 from a trend line in the daily time frame.
- Resistance @5.73 from a trend line in the daily time frame.
- A resistance zone ranging from 7.17 to 7.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
PNNT 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 PNNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNNT is down. |
| ChartMill Relative Strength | 11.95 | NEGATIVE | PNNT has a low relative strength, it was outperformed by 88.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.99 | NEUTRAL | The RSI value for PNNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PNNT has a positive trend. |
| Stochastics (14,3) | 36.67 | NEUTRAL | The Stochastics value for PNNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for PNNT suggests some volalility. |
| Average Directional Index/ADX (14) | 39.71 | POSITIVE | The high ADX value value for PNNT suggests a strong trend. |
PNNT Chart- and CandleStick Pattern Analysis
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)
PNNT Technicals: Chart, Performance Metrics, Trend & Indicators
4.48
-0.07 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.54%
1 Week2.52%
2 Weeks-2.82%
1 Month-6.08%
3 Month-26.44%
6 Month-29.78%
12 Month-27.63%
2 Year-37.08%
3 Year-12.84%
5 Year-32.02%
10 Year-32.02%
15 Year-63.7%
Volatility
ATR(14)0.16
ATR(20)%3.45%
ATR Inc-9.94%
Range Today0.08
ADR(20)0.15
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.95
3 months CRS14.39
6 months CRS16.9
Mansfield-3.23
10 Day High4.69
10 Day Low4.29
20 Day High4.93
20 Day Low4.29
52 Week High7.53
52 Week Low4.29
CS1 EndN/A
CR1 Start4.49
Volume & EV
DER(3)-7.51%
DER(5)-6.59%
Volume839.20K
Volume Incr-10.25%
Vol(5)785.22K
Vol(50)844.76K
PENNANTPARK INVESTMENT CORP / PNNT TA FAQ
What is the ChartMill technical rating of PENNANTPARK INVESTMENT CORP (PNNT) stock?
ChartMill assigns a technical rating of 0 / 10 to PNNT.
Can you provide the trend direction for PENNANTPARK INVESTMENT CORP?
The current trend direction for PENNANTPARK INVESTMENT CORP (PNNT) is Bearish.
What is the RSI signal for PENNANTPARK INVESTMENT CORP (PNNT) stock?
PENNANTPARK INVESTMENT CORP (PNNT) has an RSI value of 40.9905. This indicates that the stock is currently neutral.
What is the MACD signal for PNNT stock?
The MACD indicator for PENNANTPARK INVESTMENT CORP (PNNT) has a value of 0.0263454, indicating a bearish trend.
What are the support and resistance levels for PENNANTPARK INVESTMENT CORP (PNNT) stock?
PENNANTPARK INVESTMENT CORP (PNNT) has a resistance level at 4.49. Check the full technical report for our detailed analysis of PNNT support and resistance levels.