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.
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.
11.65
We found 1 important support area.
3 important resistance areas can be observed.
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. |
11.83
-0.82 (-6.48%)