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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
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.
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MarketClub’s Trade Triangles for PNNT
The long-term trend has been DOWN since Aug 2nd, 2024 at 7.030
The intermediate-term trend has been UP since Nov 7th, 2024 at 7.055
The short-term trend has been DOWN since Nov 13th, 2024 at 6.960
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.040 | 7.045 | 6.910 | 6.960 | -0.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.970 | 431057 | 2024-11-20 15:59:28 |
| 52wk High | 8.04 | 52wk High Date | 2024-07-11 |
| 52wk Low | 6.31 | 52wk Low Date | 2023-12-11 |
| Average Volume | 472,132 | Shares Outstanding | 65,296 |
| Assets | 133,269,800M | Liabilities | 841,476,000M |
| P/E Ratio | 10.0429 |