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. PONY performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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 part of the Software industry. There are 284 other stocks in this industry, of which 90% are performing better than PONY.
In the last month PONY has a been trading in the 11.65 - 21.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
PONY has an average volume of 15064500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Considerably lower volume is observed in the last couple of days.
PONY has a poor technical rating and the quality of the setup is also not perfect 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
11.65
20.97
We found 1 important support area.
- A support zone ranging from 11.77 to 11.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.58 to 12.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @18.33 from a trend line in the weekly time frame.
- Resistance @20.76 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) | DOWN | NEGATIVE | The current price of PONY is below a declining 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) | 42.62 | NEUTRAL | The RSI value for PONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests PONY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.08 | OVERSOLD | The low Stochastics value suggests PONY may be oversold. |
| Average True Range in percent/ATR (20) | 17.57 | HIGH VOLATILITY | The high ATR as a percentage value for PONY suggests high volalility. |
| Average Directional Index/ADX (14) | 22.51 | NEUTRAL | The ADX value for PONY suggests a possible start of a new 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)
11.83
-0.82 (-6.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6.48%
1 Week-6.85%
2 Weeks-12.24%
1 Month-31.58%
3 Month-6.92%
6 Month-10.11%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.45
ATR(20)%17.57%
ATR Inc-31.27%
Range Today1.05
ADR(20)1.9
ADR(20)%16.09%
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 High14.53
10 Day Low11.65
20 Day High21.44
20 Day Low11.65
52 Week HighN/A
52 Week LowN/A
CS1 End11.77
CR1 Start12.58
Volume & EV
DER(3)-6.22%
DER(5)-5.38%
Volume6.94M
Volume Incr-48.49%
Vol(5)7.84M
Vol(50)15.06M