PENNANTPARK INVESTMENT CORP (PNNT)
US7080621045 - Common Stock
Taking everything into account, PNNT scores 3 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.
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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, PNNT turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
PNNT is part of the Capital Markets industry. There are 222 other stocks in this industry, PNNT did better than 64% of them.
PNNT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PNNT is lagging the market slightly.
PNNT has a poor technical rating and the quality of the setup is also not perfect 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
6.52
7.98
3 important support areas can be observed.
- A support zone ranging from 7.04 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.87 from a trend line in the daily time frame.
- Support @6.59 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.26 to 7.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.38 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.84 to 7.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.65
Mansfield-0.61
10 Day High7.7
10 Day Low7.14
20 Day High8.04
20 Day Low7.14
52 Week High8.04
52 Week Low6.01
Performance
1 Week1.4%
2 Weeks-7.41%
1 Month-3.2%
3 Month1.68%
6 Month0.55%
12 Month10.35%
2 Year11.2%
3 Year13.46%
5 Year9.19%
10 Year-34.86%
15 Year-12.44%
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)-0.04
RSI(14)41.09
LBB6.89
UBB7.94
PENNANTPARK INVESTMENT CORP
NYSE:PNNT (7/26/2024, 7:04:01 PM)
After market: 7.26 +0.01 (+0.14%)7.25
-0.03 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.41%
1 Week1.4%
2 Weeks-7.41%
1 Month-3.2%
3 Month1.68%
6 Month0.55%
12 Month10.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%2.08%
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 High7.7
10 Day Low7.14
20 Day High8.04
20 Day Low7.14
52 Week High8.04
52 Week Low6.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume402.70K
Volume Incr-36.98%
Vol(5)393.68K
Vol(50)475.35K