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Stock Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

PennantPark Investment Corporation (NYSE:PNNT)

Sidelines Mode (-55) - PNNT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NYSE_PNNT
Open High Low PNNT Price Change
6.950 7.170 6.950 7.165 +0.235
Entry Signal

MarketClub’s Trade Triangles for PNNT

long term down The long-term trend has been DOWN since Apr 22nd, 2022 at 7.8100

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 7.8100

short term up The short-term trend has been UP since May 26th, 2022 at 6.9393

Smart Scan Analysis for PNNT

Based on our trend formula, PNNT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PNNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.950 7.170 6.950 7.165 +0.235
Prev. Close Volume Bid Ask Time
7.170 211627 2022-05-27 15:59:49
52wk High8.0252wk High Date2022-04-20
52wk Low6.2152wk Low Date2021-09-20
Average Volume264,804Shares Outstanding66,132
Assets124,602,200MLiabilities581,697,000M
P/E Ratio10.6615
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