PENNANT GROUP INC/THE (PNTG)
US70805E1091 - Common Stock
We assign a technical rating of 10 out of 10 to PNTG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PNTG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PNTG did better than 95% of all other stocks. On top of that, PNTG also shows a nice and consistent pattern of rising prices.
PNTG is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 94% of 118 stocks in the same industry.
PNTG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
PNTG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Besides having an excellent technical rating, PNTG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
17.77
23.25
We found 2 important support areas.
- A support zone ranging from 19.50 to 20.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.95 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.83
Mansfield4.08
10 Day High23.57
10 Day Low20.78
20 Day High23.57
20 Day Low20.11
52 Week High23.57
52 Week Low10.31
Performance
1 Week1.68%
2 Weeks7.57%
1 Month13.4%
3 Month42.72%
6 Month75.06%
12 Month86.1%
2 Year20.33%
3 Year-32.83%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)62.9
LBB20.45
UBB23.57
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.58 | 20.77 | 2.81 (11.92%) | 8.39% |
| An entry @23.58. This is a Buy Stop order right above the 10 day high. | An exit @20.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.81 points, which is 11.92%. | For a 1.00% total portfolio risk, you can invest 8.39% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PENNANT GROUP INC/THE
NASDAQ:PNTG (5/17/2024, 7:20:40 PM)
After market: 23.02 0 (0%)23.02
+0.61 (+2.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.72%
1 Week1.68%
2 Weeks7.57%
1 Month13.4%
3 Month42.72%
6 Month75.06%
12 Month86.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%3.53%
ATR Inc
Range Today0.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.57
10 Day Low20.78
20 Day High23.57
20 Day Low20.11
52 Week High23.57
52 Week Low10.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume157.40K
Volume Incr36.7%
Vol(5)243.08K
Vol(50)159.91K