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.
- 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, PNST is a bad performer in the overall market: 100% of all stocks are doing better.
- PNST is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 92% of 126 stocks in the same industry do better.
- PNST is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so PNST is lagging the market.
- 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 PNST stock?
PINSTRIPES HOLDINGS INC (PNST) has an RSI value of 30.2788. This indicates that the stock is currently neutral.
What is the buy/sell signal for PINSTRIPES HOLDINGS INC (PNST) stock?
The buy/sell signal for PINSTRIPES HOLDINGS INC (PNST) is sell as both the short term and long term trends are negative.
What is the support and resistance level for PNST stock?
PINSTRIPES HOLDINGS INC (PNST) has a resistance level at 0.29. Check the full technical report for our detailed analysis of PNST support and resistance levels.