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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
PennantPark Investment Corporation (NYSE:PNNT)
Crossroads (-60) - PNNT is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for PNNT
The long-term trend has been DOWN since Aug 2nd, 2024 at 7.03
The intermediate-term trend has been UP since Oct 15th, 2024 at 7.04
The short-term trend has been UP since Oct 24th, 2024 at 7.00
Smart Scan Analysis for PNNT
Based on our trend formula, PNNT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.04 | 7.05 | 6.97 | 6.97 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.99 | 357679 | 2024-10-25 15:59:54 |
| 52wk High | 8.04 | 52wk High Date | 2024-07-11 |
| 52wk Low | 6.01 | 52wk Low Date | 2023-10-27 |
| Average Volume | 421,567 | Shares Outstanding | 65,296 |
| Assets | 133,269,800M | Liabilities | 841,476,000M |
| P/E Ratio | 10.0429 |