PENNANTPARK INVESTMENT CORP (PNNT) Technical Analysis
NYSE:PNNT • US7080621045
Taking everything into account, PNNT scores 0 out of 10 in our technical rating. PNNT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than PNNT.
- PNNT is one of the lesser performing stocks in the Capital Markets industry. 70% of 238 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.10. Right above this resistance zone may be a good entry point. 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.
More info and screens
4.84
When analyzing the support we notice one important area.
- Support @4.89 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 5.10 to 5.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.58 to 5.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.82 from a trend line in the daily time frame.
- Resistance @6.04 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.21 to 7.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | 14.4 | NEGATIVE | PNNT has a low relative strength, it was outperformed by 85.6% 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) | 38.43 | NEUTRAL | The RSI value for PNNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PNNT has a positive trend. |
| Stochastics (14,3) | 38.32 | NEUTRAL | The Stochastics value for PNNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for PNNT suggests some volalility. |
| Average Directional Index/ADX (14) | 48.16 | POSITIVE | The high ADX value value for PNNT suggests a strong trend. |
PNNT Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:PNNT (3/5/2026, 3:50:49 PM)
5.0401
-0.05 (-0.98%)
PENNANTPARK INVESTMENT CORP / PNNT 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 PNNT stock?
PENNANTPARK INVESTMENT CORP (PNNT) has an RSI value of 38.4305. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PENNANTPARK INVESTMENT CORP?
The MACD indicator for PENNANTPARK INVESTMENT CORP (PNNT) has a value of 0.0183406, indicating a bearish trend.
Can you provide the buy/sell signal for PENNANTPARK INVESTMENT CORP?
The buy/sell signal for PENNANTPARK INVESTMENT CORP (PNNT) is sell as both the short term and long term trends are negative.