We assign a technical rating of 0 out of 10 to PONY. PONY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
11.08
When analyzing the resistance we notice 2 important areas.
- Resistance @19.68 from a trend line in the daily time frame.
- A resistance zone ranging from 23.61 to 23.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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) | 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) | 26.39 | OVERSOLD | The low RSI value suggests PONY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests PONY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.05 | OVERSOLD | The low Stochastics value suggests PONY may be oversold. |
| Average True Range in percent/ATR (20) | 12.32 | HIGH VOLATILITY | The high ATR as a percentage value for PONY suggests high volalility. |
| Average Directional Index/ADX (14) | 37.2 | POSITIVE | The high ADX value value for PONY suggests a strong trend. |
11.19
-0.17 (-1.5%)
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.
What is the trend direction for PONY stock?
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 26.3945. This indicates that the stock is currently oversold.
What is the MACD signal for PONY stock?
The MACD indicator for PONY AI INC (PONY) has a value of -0.346474, indicating a bearish trend.
Can you provide the support and resistance levels for PONY AI INC?
PONY AI INC (PONY) has a resistance level at 19.68. Check the full technical report for our detailed analysis of PONY support and resistance levels.