USA - NASDAQ:PONY - US7329081084 - ADR
We assign a technical rating of 5 out of 10 to PONY. In the last year, PONY was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
PONY 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.
17.51
We found 2 important support areas.
When analyzing the resistance we notice 2 important 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 PONY is up. | 
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PONY is neutral. | 
| ChartMill Relative Strength | 0 | NEGATIVE | PONY has a low relative strength, it was outperformed by 100% 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) | UP | POSITIVE | The current price of PONY is above the rising SMA(50). | 
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PONY is above the rising SMA(200). | 
| Relative Strength Index/RSI (14) | 49.11 | NEUTRAL | The RSI value for PONY is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PONY has a negative trend. | 
| Stochastics (14,3) | 59.52 | NEUTRAL | The Stochastics value for PONY is a neutral value. | 
| Average True Range in percent/ATR (20) | 8.95 | HIGH VOLATILITY | The high ATR as a percentage value for PONY suggests high volalility. | 
| Average Directional Index/ADX (14) | 22.79 | NEUTRAL | The ADX value for PONY suggests a possible start of a new trend. | 
19.76
-1.44 (-6.79%)
ChartMill assigns a technical rating of 5 / 10 to PONY.
The current trend direction for PONY AI INC (PONY) is Bullish.
PONY AI INC (PONY) has an RSI value of 49.1073. This indicates that the stock is currently neutral.
The MACD indicator for PONY AI INC (PONY) has a value of -0.148229, indicating a bearish trend.
PONY AI INC (PONY) has a support level at 18.69 and a resistance level at 21.87. Check the full technical report for our detailed analysis of PONY support and resistance levels.