We assign a technical rating of 6 out of 10 to PNTG. PNTG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
PNTG has an average technical rating and it also does not offer a high 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
22.29
We found 5 important support areas.
- A support zone ranging from 27.82 to 27.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.21 from a trend line in the weekly time frame.
- Support @24.69 from a trend line in the daily time frame.
- Support @23.96 from a horizontal line in the daily time frame.
- Support @22.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.98 to 29.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for PNTG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNTG is neutral. |
| ChartMill Relative Strength | 64 | NEUTRAL | PNTG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNTG is below a declining 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) | 41.73 | NEUTRAL | The RSI value for PNTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests PNTG has a negative trend. |
| Stochastics (14,3) | 8.34 | OVERSOLD | The low Stochastics value suggests PNTG may be oversold. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for PNTG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.51 | POSITIVE | The high ADX value value for PNTG suggests a strong trend. |
27.83
-0.32 (-1.14%)
PENNANT GROUP INC/THE / PNTG FAQ
Can you provide the ChartMill technical rating for PENNANT GROUP INC/THE?
ChartMill assigns a technical rating of 6 / 10 to PNTG.
What is the current trend direction of PENNANT GROUP INC/THE (PNTG) stock?
The current trend direction for PENNANT GROUP INC/THE (PNTG) is Bullish.
Can you provide the RSI signal for PENNANT GROUP INC/THE?
PENNANT GROUP INC/THE (PNTG) has an RSI value of 41.727. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PENNANT GROUP INC/THE?
The MACD indicator for PENNANT GROUP INC/THE (PNTG) has a value of -0.306713, indicating a bearish trend.
What is the short term momentum for PENNANT GROUP INC/THE (PNTG) stock?
The short term momentum for PENNANT GROUP INC/THE (PNTG) is neutral.