We assign a technical rating of 0 out of 10 to PNL. PNL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PNL is a bad performer in the overall market: 90% of all stocks are doing better.
PNL is one of the lesser performing stocks in the Air Freight & Logistics industry. 78% of 15 stocks in the same industry do better.
PNL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
PNL has an average volume of 1704510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PNL has a been trading in the 0.94 - 1.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.