PINSTRIPES HOLDINGS INC (PNST) Technical Analysis
NYSE:PNST • US06690B1070
Current stock price
PNST Technical Rating and Analysis
Overall PNST gets a technical rating of 0 out of 10. PNST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than PNST.
- PNST is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 94% are performing better than PNST.
- PNST is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month PNST has a been trading in the 0.15 - 0.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PNST Weekly and Daily overview Charts
PNST Setup Rating and Analysis
The technical rating of PNST is bad and it also does not present a quality setup 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
PNST Support and Resistance Analysis
0.15
When analyzing the resistance we notice 2 important areas.
- Resistance @0.29 from a trend line in the daily time frame.
- Resistance @0.30 from a trend line in the weekly time frame.
PNST Technical Indicator Signal Analysis
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 PNST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNST is down. |
| ChartMill Relative Strength | 0.65 | NEGATIVE | PNST has a low relative strength, it was outperformed by 99.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.28 | NEUTRAL | The RSI value for PNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PNST has a negative trend. |
| Stochastics (14,3) | 4.83 | OVERSOLD | The low Stochastics value suggests PNST may be oversold. |
| Average True Range in percent/ATR (20) | 41.37 | HIGH VOLATILITY | The high ATR as a percentage value for PNST suggests high volalility. |
| Average Directional Index/ADX (14) | 15.37 | NEGATIVE | The low ADX value for PNST suggests a weak or negative trend. |
PNST Chart- and CandleStick Pattern Analysis
PNST Technicals: Chart, Performance Metrics, Trend & Indicators
0.154
-0.03 (-16.49%)
PINSTRIPES HOLDINGS INC / PNST TA FAQ
Can you provide the ChartMill technical rating for PINSTRIPES HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to PNST.
Can you provide the trend direction for PINSTRIPES HOLDINGS INC?
The current trend direction for PINSTRIPES HOLDINGS INC (PNST) is Bearish.
What is the RSI signal for PINSTRIPES HOLDINGS INC (PNST) stock?
PINSTRIPES HOLDINGS INC (PNST) has an RSI value of 30.2788. This indicates that the stock is currently neutral.
What is the short term momentum for PNST stock?
The short term momentum for PINSTRIPES HOLDINGS INC (PNST) is negative.
What is the buy/sell signal for PNST stock?
The buy/sell signal for PINSTRIPES HOLDINGS INC (PNST) is sell as both the short term and long term trends are negative.