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Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

PennantPark Investment Corporation - common stock (NASDAQ:PNNT)

Bull Market Weakness (+75) - PNNT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PNNT as it may be in the beginning stages of a reversal.

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.

NASDAQ_PNNT
Open High Low PNNT Price Change
6.73 6.81 6.73 6.79 +0.04
Entry Signal

MarketClub’s Trade Triangles for PNNT

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 6.250

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2021 at 6.665

short term up The short-term trend has been UP since Oct 15th, 2021 at 6.700

Smart Scan Analysis for PNNT

Based on our trend formula, PNNT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PNNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.73 6.81 6.73 6.79 +0.04
Prev. Close Volume Bid Ask Time
6.75 242146 2021-10-18 15:59:54
Year High7.84Year High Date2018-09-04
Year Low6.29Year Low Date2018-02-05
52wk High7.40752wk High Date2021-06-14
52wk Low2.852wk Low Date2020-10-29
Year End Close10.995Average Volume241,205
Shares Outstanding67,045Short Interest1,838,739
% Institutional50.9Market Cap425M
Assets116,898,597MLiabilities525,904,483M
P/E Ratio14.0625Beta1.17
Volatility24.64
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