PENNANTPARK INVESTMENT CORP (PNNT)

US7080621045 - Common Stock

6.81  +0.02 (+0.29%)

After market: 6.87 +0.06 (+0.88%)

Technical Rating and Analysis

5

Taking everything into account, PNNT scores 5 out of 10 in our technical rating. In the last year, PNNT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

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.
PNNT is one of the better performing stocks in the Capital Markets industry, it outperforms 77% of 206 stocks in the same industry.
PNNT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PNNT is lagging the market slightly.
Looking at the yearly performance, PNNT did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month PNNT has a been trading in the 6.55 - 7.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PNNT Weekly chart
PNNT Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, PNNT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PNNT 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.
Support and Resistance Analysis

5.97

7.29

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 6.45 to 6.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 6.03 to 6.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 7.16 to 7.22. 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
CRS74.06
Mansfield-0.39
10 Day High6.88
10 Day Low6.55
20 Day High7.27
20 Day Low6.55
52 Week High7.27
52 Week Low4.7
Performance
1 Week1.95%
2 Weeks-0.29%
1 Month-5.29%
3 Month5.42%
6 Month1.19%
12 Month19.26%
2 Year-11.44%
3 Year20.74%
5 Year-4.49%
10 Year-40.47%
15 Year127%
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)49.08
LBB6.59
UBB6.88
PNNT Daily chart

PENNANTPARK INVESTMENT CORP

NYSE:PNNT (2/27/2024, 7:04:01 PM)

After market: 6.87 +0.06 (+0.88%)

6.81

+0.02 (+0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.29%
1 Week1.95%
2 Weeks-0.29%
1 Month-5.29%
3 Month5.42%
6 Month1.19%
12 Month19.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%2.18%
ATR Inc
Range Today0.11
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 High6.88
10 Day Low6.55
20 Day High7.27
20 Day Low6.55
52 Week High7.27
52 Week Low4.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume364.60K
Volume Incr3.83%
Vol(5)505.84K
Vol(50)485.70K