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Stock Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
PennantPark Floating Rate Capital Ltd. (NYSE:PFLT)
Long-Term Downtrend (-90) - PFLT is in a strong downtrend that is likely to continue. While PFLT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for PFLT
The long-term trend has been DOWN since Aug 1st, 2024 at 11.13
The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 11.43
The short-term trend has been DOWN since Dec 3rd, 2024 at 10.99
Smart Scan Analysis for PFLT
Based on our trend formula, PFLT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.020 | 11.070 | 10.980 | 11.035 | +0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.990 | 197036 | 2024-12-03 11:37:23 |
| 52wk High | 12.63 | 52wk High Date | 2024-01-08 |
| 52wk Low | 10.277 | 52wk Low Date | 2024-08-05 |
| Average Volume | 853,476 | Shares Outstanding | 83,230 |
| Assets | 210,884,500M | Liabilities | 123,155,100M |
| P/E Ratio | 7.85 |