PENNANTPARK INVESTMENT CORP (PNNT)
US7080621045 - Common Stock
We assign a technical rating of 3 out of 10 to PNNT. PNNT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month PNNT has a been trading in the 6.61 - 7.03 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, PNNT turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
PNNT is an average performer in the Capital Markets industry, it outperforms 50% of 220 stocks in the same industry.
PNNT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PNNT is lagging the market slightly.
PNNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.92, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
6.53
7.19
2 important support areas can be observed.
- A support zone ranging from 6.76 to 6.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.60 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.95 to 6.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @7.12 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
CRS52.2
Mansfield-1.05
10 Day High7.01
10 Day Low6.73
20 Day High7.03
20 Day Low6.61
52 Week High8.04
52 Week Low6.43
Performance
1 Week0%
2 Weeks1.31%
1 Month0.14%
3 Month0%
6 Month-7.21%
12 Month2.36%
2 Year20.87%
3 Year0.29%
5 Year6.43%
10 Year-27.07%
15 Year-22.09%
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)0.01
RSI(14)54.38
LBB6.69
UBB7.01
PENNANTPARK INVESTMENT CORP
NYSE:PNNT (12/20/2024, 8:04:01 PM)
After market: 6.95 0 (0%)6.95
+0.11 (+1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.61%
1 Week0%
2 Weeks1.31%
1 Month0.14%
3 Month0%
6 Month-7.21%
12 Month2.36%
2 Year20.87%
3 Year0.29%
5 Year6.43%
10 Year-27.07%
15 Year-22.09%
Volatility
ATR(14)0.11
ATR(20)%1.71%
ATR Inc53.55%
Range Today0.17
ADR(20)0.11
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.2
Mansfield-1.05
10 Day High7.01
10 Day Low6.73
20 Day High7.03
20 Day Low6.61
52 Week High8.04
52 Week Low6.43
CS1 End6.92
CR1 Start6.95
Volume & EV
DER(3)0.16%
DER(5)0.23%
Volume575.60K
Volume Incr-9.93%
Vol(5)525.98K
Vol(50)499.71K