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Stock Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

PennantPark Investment Corporation (NYSE:PNNT)

Weak Downtrend (-65) - PNNT is showing signs of a strengthening downtrend. Monitor PNNT as it may be building momentum to the downside.

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
7.32 7.33 7.20 7.21 -0.13
Entry Signal

MarketClub’s Trade Triangles for PNNT

long term up The long-term trend has been UP since Jun 7th, 2023 at 5.76

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 7.40

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 7.78

Smart Scan Analysis for PNNT

Based on our trend formula, PNNT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PNNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.32 7.33 7.20 7.21 -0.13
Prev. Close Volume Bid Ask Time
7.21 512438 2024-07-18 15:59:47
52wk High8.0452wk High Date2024-07-11
52wk Low6.0152wk Low Date2023-10-27
Average Volume607,623Shares Outstanding65,225
Assets129,123,900MLiabilities789,710,000M
P/E Ratio7.4141
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