PONY AI INC (PONY) Technical Analysis
NASDAQ:PONY • US7329081084
Current stock price
PONY Technical Rating and Analysis
Taking everything into account, PONY scores 0 out of 10 in our technical rating. PONY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 82% of all other stocks performed better in the past year than PONY.
- PONY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PONY is lagging the market.
- In the last month PONY has a been trading in the 9.02 - 14.01 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.
- PONY has an average volume of 4379000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PONY is an average performer in the Software industry, it outperforms 64% of 278 stocks in the same industry.
PONY Weekly and Daily overview Charts
PONY Setup Rating and Analysis
The technical rating of PONY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PONY Support and Resistance Analysis
9.05
We can see 2 important resistance areas.
- Resistance @12.33 from a trend line in the daily time frame.
- A resistance zone ranging from 12.78 to 12.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
PONY 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 PONY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PONY is down. |
| ChartMill Relative Strength | 18.57 | NEGATIVE | PONY has a low relative strength, it was outperformed by 81.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PONY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PONY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PONY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.57 | OVERSOLD | The low RSI value suggests PONY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PONY has a negative trend. |
| Stochastics (14,3) | 14.47 | OVERSOLD | The low Stochastics value suggests PONY may be oversold. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for PONY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.55 | POSITIVE | The high ADX value value for PONY suggests a strong trend. |
PONY Chart- and CandleStick Pattern Analysis
PONY Technicals: Chart, Performance Metrics, Trend & Indicators
9.14
-0.58 (-5.97%)
PONY AI INC / PONY TA FAQ
Can you provide the ChartMill technical rating for PONY AI INC?
ChartMill assigns a technical rating of 0 / 10 to PONY.
Can you provide the trend direction for PONY AI INC?
The current trend direction for PONY AI INC (PONY) is Bearish.
What is the RSI signal for PONY AI INC (PONY) stock?
PONY AI INC (PONY) has an RSI value of 26.5689. This indicates that the stock is currently oversold.
What is the buy/sell signal for PONY stock?
The buy/sell signal for PONY AI INC (PONY) is sell as both the short term and long term trends are negative.
What is the support and resistance level for PONY stock?
PONY AI INC (PONY) has a resistance level at 12.33. Check the full technical report for our detailed analysis of PONY support and resistance levels.