Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

PennantPark Investment Corporation (NYSE:PNNT)

Strong Uptrend (+100) - PNNT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PNNT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid PNNT?

MarketClub looks at technical strength and momentum to determine if the timing is right for PNNT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_PNNT
Open High Low PNNT Price Change
7.1900 7.2499 7.1500 7.2300 +0.0700
Entry Signal

MarketClub’s Trade Triangles for PNNT

long term up The long-term trend has been UP since Jun 7th, 2023 at 5.760000

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 6.860000

short term up The short-term trend has been UP since May 7th, 2024 at 7.176961

Smart Scan Analysis for PNNT

Based on our trend formula, PNNT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for PNNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.1900 7.2499 7.1500 7.2300 +0.0700
Prev. Close Volume Bid Ask Time
7.2300 286408 2024-05-08 15:59:41
52wk High7.2752wk High Date2024-04-24
52wk Low4.952wk Low Date2023-05-10
Average Volume379,942Shares Outstanding65,225
Assets126,723,800MLiabilities768,096,000M
P/E Ratio7.23
Get a free daily analysis and signals for PennantPark Investment Corporation (PNNT) - Request Your Free Report.