Taking everything into account, PONY scores 1 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 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.
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11.25
We found 3 important support areas.
- A support zone ranging from 13.48 to 13.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.90 to 12.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.36 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.33 to 14.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.05 to 15.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.86 from a trend line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for PONY is neutral. |
| ChartMill Relative Strength | 17.96 | NEGATIVE | PONY has a low relative strength, it was outperformed by 82.04% 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) | 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) | 42.75 | NEUTRAL | The RSI value for PONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests PONY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67 | NEUTRAL | The Stochastics value for PONY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for PONY suggests high volalility. |
| Average Directional Index/ADX (14) | 18.54 | NEGATIVE | The low ADX value for PONY suggests a weak or negative trend. |
13.6
-0.72 (-5.03%)
PONY AI INC / PONY FAQ
Can you provide the ChartMill technical rating for PONY AI INC?
ChartMill assigns a technical rating of 1 / 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 42.7501. This indicates that the stock is currently neutral.
What is the MACD signal for PONY stock?
The MACD indicator for PONY AI INC (PONY) has a value of 0.27255, indicating a bearish trend.
Can you provide the support and resistance levels for PONY AI INC?
PONY AI INC (PONY) has a support level at 13.59 and a resistance level at 14.33. Check the full technical report for our detailed analysis of PONY support and resistance levels.