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 also the quality of the setup is only medium 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.
22.29
We found 5 important support areas.
We can see 2 important resistance areas.
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 | 66.53 | 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) | 45.78 | NEUTRAL | The RSI value for PNTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests PNTG has a negative trend. |
| Stochastics (14,3) | 48.9 | NEUTRAL | The Stochastics value for PNTG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for PNTG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for PNTG suggests a possible start of a new trend. |
28.13
-0.97 (-3.33%)
ChartMill assigns a technical rating of 6 / 10 to PNTG.
The current trend direction for PENNANT GROUP INC/THE (PNTG) is Bullish.
PENNANT GROUP INC/THE (PNTG) has an RSI value of 45.7814. This indicates that the stock is currently neutral.
The MACD indicator for PENNANT GROUP INC/THE (PNTG) has a value of -0.182969, indicating a bearish trend.
The short term momentum for PENNANT GROUP INC/THE (PNTG) is neutral.