PENNANTPARK INVESTMENT CORP (PNNT) Stock Technical Analysis
NYSE:PNNT - New York Stock Exchange, Inc. - US7080621045 - Common Stock - Currency: USD
Overall PNNT gets a technical rating of 2 out of 10. In the past year, PNNT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
77% 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 232 stocks in the same industry do better.
In the last month PNNT has a been trading in the 6.55 - 7.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PNNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PNNT is lagging the market.
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 6.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.74, a Stop Loss order could be placed below this zone.
More info and screens
5.98
7.35
We found 4 important support areas.
- A support zone ranging from 6.57 to 6.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.41 from a horizontal line in the daily time frame.
- Support @6.18 from a horizontal line in the weekly time frame.
- Support @6.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.84 to 6.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.21 to 7.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for PNNT is neutral. |
| ChartMill Relative Strength | 23.08 | NEGATIVE | PNNT has a low relative strength, it was outperformed by 76.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNNT is above the rising 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) | 54 | NEUTRAL | The RSI value for PNNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PNNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34 | NEUTRAL | The Stochastics value for PNNT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for PNNT suggests low volalility. |
| Average Directional Index/ADX (14) | 13.02 | NEGATIVE | The low ADX value for PNNT suggests a weak or negative trend. |
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)
NYSE:PNNT (6/27/2025, 11:05:19 AM)
6.82
+0.03 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.44%
1 Week0.89%
2 Weeks-1.31%
1 Month1.65%
3 Month-3.82%
6 Month-2.86%
12 Month-10.07%
2 Year15.28%
3 Year9.87%
5 Year93.45%
10 Year-22.67%
15 Year-28.9%
Volatility
ATR(14)0.13
ATR(20)%1.75%
ATR Inc-33.9%
Range Today0.06
ADR(20)0.12
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.08
Mansfield-0.82
10 Day High6.9
10 Day Low6.55
20 Day High7.05
20 Day Low6.55
52 Week High8.04
52 Week Low5.72
CS1 End6.74
CR1 Start6.84
Volume & EV
DER(3)-1.27%
DER(5)-2.48%
Volume56.99K
Volume Incr-19.19%
Vol(5)315.18K
Vol(50)432.86K