PONY Technical Analysis - PONY AI INC

Technical Rating and Analysis

Taking everything into account, PONY scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PONY is a bad performer.

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 280 other stocks in this industry, of which 91% are performing better than PONY.

Both the short term and long term trends are positive. This is a very positive sign.

In the last month PONY has a been trading in the 13.22 - 17.32 range, which is quite wide. It is currently trading near the high of this range.

PONY has an average volume of 7340270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although PONY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

13.83

18.86

We found 4 important support areas.

A support zone ranging from 17.12 to 17.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 14.82 to 14.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 14.30 to 14.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @13.97 from a trend line in the daily time frame.

We found 1 important resistance area.

Resistance @18.67 from a trend line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The short term trend for PONY is up.
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	POSITIVE	The current price of PONY is above the rising SMA(50).
Relative Strength Index/RSI (14)	67.75	NEUTRAL	The RSI value for PONY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.24	POSITIVE	The MACD value suggests PONY has a positive trend.
Stochastics (14,3)	86.94	OVERBOUGHT	The high Stochastics value suggests PONY may be overbought.
Average True Range in percent/ATR (20)	4.89	MEDIUM VOLATILITY	The ATR as a percentage value for PONY suggests some volalility.
Average Directional Index/ADX (14)	17.67	NEGATIVE	The low ADX value for PONY suggests a weak or negative trend.