Stock Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
PENNEXX FOODS INC (NASDAQ:PNNX)
Strong Downtrend (-100) - PNNX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PNNX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PNNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PNNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PNNX
The long-term trend has been DOWN since Sep 14th, 2021 at 0.2651
The intermediate-term trend has been DOWN since May 19th, 2023 at 0.0600
The short-term trend has been DOWN since May 19th, 2023 at 0.0630
Smart Scan Analysis for PNNX
Based on our trend formula, PNNX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.015||Year High Date||2018-05-30|
|Year Low||0.0015||Year Low Date||2018-01-23|
|52wk High||0.1889||52wk High Date||2022-06-22|
|52wk Low||0.0501||52wk Low Date||2023-01-25|
|Average Volume||32,840||Shares Outstanding||31,725|