PENUMBRA INC (PEN) Stock Technical Analysis
NYSE:PEN - New York Stock Exchange, Inc. - US70975L1070 - Common Stock
We assign a technical rating of 9 out of 10 to PEN. Both in the recent history as in the last year, PEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
PEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PEN has a been trading in the 222.59 - 270.69 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, PEN did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
PEN is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry, PEN did better than 68% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PEN has an excellent technical rating, it does not present a decent entry opportunity 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
199.82
277.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 268.21 to 268.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 237.22 to 247.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @201.84 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.19
Mansfield1.3
10 Day High270.69
10 Day Low222.59
20 Day High270.69
20 Day Low222.59
52 Week High277.34
52 Week Low148
Performance
1 Week8.61%
2 Weeks10.84%
1 Month12.26%
3 Month31.01%
6 Month50.31%
12 Month6.27%
2 Year7.1%
3 Year18.67%
5 Year52.86%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)2.18
RSI(14)68.38
LBB230.06
UBB271.56
PENUMBRA INC
NYSE:PEN (1/22/2025, 11:47:04 AM)
275.055
+6.86 (+2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.56%
1 Week8.61%
2 Weeks10.84%
1 Month12.26%
3 Month31.01%
6 Month50.31%
12 Month6.27%
2 Year7.1%
3 Year18.67%
5 Year52.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.3
ATR(20)%3.3%
ATR Inc-36.84%
Range Today9.25
ADR(20)8.48
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.19
Mansfield1.3
10 Day High270.69
10 Day Low222.59
20 Day High270.69
20 Day Low222.59
52 Week High277.34
52 Week Low148
CS1 End247.94
CR1 Start268.21
Volume & EV
DER(3)-0.67%
DER(5)0.74%
Volume146.36K
Volume Incr21.08%
Vol(5)488.16K
Vol(50)360.63K