PONY AI INC (PONY) Stock Technical Analysis
NASDAQ:PONY - Nasdaq - US7329081084 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to PONY. In the last year, PONY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, PONY is a bad performer in the overall market: 100% of all stocks are doing better.
PONY is one of the lesser performing stocks in the Software industry. 90% of 282 stocks in the same industry do better.
PONY has an average volume of 14270100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month PONY has a been trading in the 10.83 - 15.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PONY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
11.24
20.47
We found 2 important support areas.
- Support @11.77 from a horizontal line in the weekly time frame.
- Support @11.35 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.48 to 14.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.40 from a trend line in the weekly time frame.
- Resistance @20.27 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for PONY is up. |
| 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) | UP | POSITIVE | The current price of PONY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PONY is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.39 | NEUTRAL | The RSI value for PONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PONY has a positive trend. |
| Stochastics (14,3) | 36.05 | NEUTRAL | The Stochastics value for PONY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.07 | HIGH VOLATILITY | The high ATR as a percentage value for PONY suggests high volalility. |
| Average Directional Index/ADX (14) | 14.67 | NEGATIVE | The low ADX value for PONY suggests a weak or negative trend. |
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)
12.77
-0.12 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.93%
1 Week-0.7%
2 Weeks-12.41%
1 Month0.95%
3 Month140.94%
6 Month-15.32%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%9.07%
ATR Inc-25.22%
Range Today0.61
ADR(20)1.13
ADR(20)%8.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.01
10 Day Low11.77
20 Day High15.74
20 Day Low10.83
52 Week HighN/A
52 Week LowN/A
CS1 End11.77
CR1 Start14.48
Volume & EV
DER(3)0.64%
DER(5)-1.12%
Volume4.04M
Volume Incr-37.11%
Vol(5)6.62M
Vol(50)14.27M