PENNANTPARK INVESTMENT CORP (PNNT)

US7080621045 - Common Stock

6.86  +0.11 (+1.63%)

After market: 6.89 +0.03 (+0.44%)

Technical Rating and Analysis

1

Overall PNNT gets a technical rating of 1 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PNNT is a bad performer in the overall market: 64% of all stocks are doing better.
PNNT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
PNNT is an average performer in the Capital Markets industry, it outperforms 40% of 218 stocks in the same industry.
In the last month PNNT has a been trading in the 6.61 - 7.09 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

6

PNNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.86, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

6.54

7.92

When analyzing the support we notice one important area.

  • A support zone ranging from 6.61 to 6.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 6.90 to 7.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @7.84 from a horizontal line in the weekly time frame.
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
CRS36.38
Mansfield-1.47
10 Day High7.03
10 Day Low6.61
20 Day High7.09
20 Day Low6.61
52 Week High8.04
52 Week Low6.31
Performance
1 Week1.33%
2 Weeks-1.15%
1 Month-2.7%
3 Month-1.01%
6 Month-11.14%
12 Month5.05%
2 Year19.3%
3 Year-1.01%
5 Year5.05%
10 Year-28.02%
15 Year-23.09%
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)48.48
LBB6.64
UBB7.09
PNNT Daily chart

PENNANTPARK INVESTMENT CORP

NYSE:PNNT (12/6/2024, 8:08:27 PM)

After market: 6.89 +0.03 (+0.44%)

6.86

+0.11 (+1.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.63%
1 Week1.33%
2 Weeks-1.15%
1 Month-2.7%
3 Month-1.01%
6 Month-11.14%
12 Month5.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%1.63%
ATR Inc
Range Today0.13
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 High7.03
10 Day Low6.61
20 Day High7.09
20 Day Low6.61
52 Week High8.04
52 Week Low6.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume474.00K
Volume Incr12.15%
Vol(5)654.92K
Vol(50)500.30K