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.
MarketClub’s Trade Triangles for PNNT
The long-term trend has been DOWN since Sep 20th, 2021 at 6.250
The intermediate-term trend has been UP since Oct 1st, 2021 at 6.665
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).
|Year High||7.84||Year High Date||2018-09-04|
|Year Low||6.29||Year Low Date||2018-02-05|
|52wk High||7.407||52wk High Date||2021-06-14|
|52wk Low||2.8||52wk Low Date||2020-10-29|
|Year End Close||10.995||Average Volume||241,205|
|Shares Outstanding||67,045||Short Interest||1,838,739|
|% Institutional||50.9||Market Cap||425M|