Overall PNTG gets a technical rating of 7 out of 10. In the last year, PNTG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although PNTG has an excellent technical rating, it does not present a decent entry opportunity 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
21.99
We found 4 important support areas.
- A support zone ranging from 25.61 to 26.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.50 from a trend line in the weekly time frame.
- A support zone ranging from 23.96 to 24.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 22.21 to 22.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.22 to 30.22. 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 | NEUTRAL | NEUTRAL | The long term trend for PNTG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNTG is up. |
| ChartMill Relative Strength | 60.14 | NEUTRAL | PNTG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PNTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.13 | NEUTRAL | The RSI value for PNTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests PNTG has a positive trend. |
| Stochastics (14,3) | 97.78 | OVERBOUGHT | The high Stochastics value suggests PNTG may be overbought. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for PNTG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for PNTG suggests a weak or negative trend. |
27.7
-0.39 (-1.39%)
PENNANT GROUP INC/THE / PNTG FAQ
Can you provide the ChartMill technical rating for PENNANT GROUP INC/THE?
ChartMill assigns a technical rating of 7 / 10 to PNTG.
Can you provide the trend direction for PENNANT GROUP INC/THE?
The current trend direction for PENNANT GROUP INC/THE (PNTG) is Bearish.
What is the RSI signal for PNTG stock?
PENNANT GROUP INC/THE (PNTG) has an RSI value of 69.13. This indicates that the stock is currently neutral.
What is the short term momentum for PENNANT GROUP INC/THE (PNTG) stock?
The short term momentum for PENNANT GROUP INC/THE (PNTG) is positive.
What is the support and resistance level for PNTG stock?
PENNANT GROUP INC/THE (PNTG) has a support level at 26.3 and a resistance level at 30.22. Check the full technical report for our detailed analysis of PNTG support and resistance levels.