PONY AI INC (PONY) Technical Analysis
NASDAQ:PONY • US7329081084
Overall PONY gets a technical rating of 0 out of 10. 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.
- 79% of all other stocks performed better in the past year than PONY.
- In the last month PONY has a been trading in the 12.01 - 15.05 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.
- PONY has an average volume of 3648680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PONY is part of the Software industry. There are 277 other stocks in this industry, PONY did better than 67% of them.
- PONY is currently trading in the middle 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 slightly.
The technical rating of PONY is bad and it also does not present a 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
11.07
We found 2 important support areas.
- Support @11.36 from a horizontal line in the daily time frame.
- A support zone ranging from 11.18 to 11.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.21 to 13.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.01 to 14.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.61 from a horizontal line in the weekly time frame.
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 | 21.09 | NEGATIVE | PONY has a low relative strength, it was outperformed by 78.91% 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) | 38.01 | NEUTRAL | The RSI value for PONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PONY has a negative trend. |
| Stochastics (14,3) | 27.91 | NEUTRAL | The Stochastics value for PONY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for PONY suggests high volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for PONY suggests a weak or negative trend. |
PONY Technicals: Chart, Performance Metrics, Trend & Indicators
12.29
-0.61 (-4.73%)
PONY AI INC / PONY 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 38.005. This indicates that the stock is currently neutral.
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 support level at 11.36 and a resistance level at 13.21. Check the full technical report for our detailed analysis of PONY support and resistance levels.