Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT)
Crossroads (+60) - PFLT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PFLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for PFLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PFLT
The long-term trend has been DOWN since Sep 20th, 2021 at 12.46
The intermediate-term trend has been UP since Oct 4th, 2021 at 12.99
The short-term trend has been UP since Sep 29th, 2021 at 12.92
Smart Scan Analysis for PFLT
Based on our trend formula, PFLT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||14.12||Year High Date||2018-06-14|
|Year Low||12||Year Low Date||2018-02-09|
|52wk High||13.5||52wk High Date||2021-07-14|
|52wk Low||7.7||52wk Low Date||2020-10-30|
|Year End Close||12.7||Average Volume||158,055|
|Shares Outstanding||38,772||Short Interest||7,477|
|% Institutional||25.2||Market Cap||450M|