We assign a technical rating of 2 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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.25
We found 4 important support areas.
- A support zone ranging from 14.04 to 14.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.59 from a horizontal line in the daily time frame.
- A support zone ranging from 12.06 to 12.09. 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 one important area.
- 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 | NEUTRAL | NEUTRAL | The long term trend for PONY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PONY is neutral. |
| ChartMill Relative Strength | 36.59 | NEUTRAL | PONY is not amongst the best or worst performers 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 | MIXED | The current price of PONY is above a declining 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) | 58.55 | NEUTRAL | The RSI value for PONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests PONY has a positive trend. |
| Stochastics (14,3) | 53.5 | NEUTRAL | The Stochastics value for PONY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for PONY suggests high volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for PONY suggests a weak or negative trend. |
15.94
+1.68 (+11.78%)
PONY AI INC / PONY FAQ
Can you provide the ChartMill technical rating for PONY AI INC?
ChartMill assigns a technical rating of 2 / 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 58.5453. 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 0.289968, 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 14.24 and a resistance level at 23.61. Check the full technical report for our detailed analysis of PONY support and resistance levels.