PENUMBRA INC (PEN)
US70975L1070 - Common Stock
Overall PEN gets a technical rating of 8 out of 10. Although PEN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
PEN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PEN is lagging the market slightly.
In the last month PEN has a been trading in the 205.80 - 245.21 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, PEN turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
PEN is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, PEN did better than 65% of them.
Besides having an excellent technical rating, PEN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
199.82
247.30
We found 3 important support areas.
- A support zone ranging from 232.24 to 233.50. 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 215.61 to 216.69. 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.
We found 1 important resistance area.
- A resistance zone ranging from 244.85 to 244.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.96
Mansfield0
10 Day High245.21
10 Day Low231.27
20 Day High245.21
20 Day Low205.8
52 Week High277.34
52 Week Low148
Performance
1 Week2.94%
2 Weeks3.55%
1 Month19.6%
3 Month16.52%
6 Month26.43%
12 Month5.13%
2 Year16.86%
3 Year-0.33%
5 Year38.39%
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)-0.14
RSI(14)69.79
LBB230.29
UBB244.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 244.86 | 232.23 | 12.63 (5.16%) | 19.39% |
| An entry @244.86. This is a Buy Stop order right above the resistance zone. | An exit @232.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 12.63 points, which is 5.16%. | When investing 19.39% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PENUMBRA INC
NYSE:PEN (11/22/2024, 8:04:00 PM)
After market: 244.84 0 (0%)244.84
+4.35 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.81%
1 Week2.94%
2 Weeks3.55%
1 Month19.6%
3 Month16.52%
6 Month26.43%
12 Month5.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.49
ATR(20)%3.26%
ATR Inc
Range Today7.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High245.21
10 Day Low231.27
20 Day High245.21
20 Day Low205.8
52 Week High277.34
52 Week Low148
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume251.90K
Volume Incr-23.7%
Vol(5)310.12K
Vol(50)364.90K