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Stock Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

PennantPark Investment Corporation (NYSE:PNNT)

Weak Uptrend (+65) - PNNT is showing signs of weakening momentum to the upside. Monitor PNNT as it may be in the beginning stages of a reversal.

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.

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Open High Low PNNT Price Change
6.490 6.490 6.415 6.460 0.000
Entry Signal

MarketClub’s Trade Triangles for PNNT

long term up The long-term trend has been UP since Jun 7th, 2023 at 5.760

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2023 at 6.565

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 6.460

Smart Scan Analysis for PNNT

Based on our trend formula, PNNT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for PNNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.490 6.490 6.415 6.460 0.000
Prev. Close Volume Bid Ask Time
6.460 303661 2023-12-01 15:59:59
52wk High7.0752wk High Date2023-08-10
52wk Low4.752wk Low Date2023-05-04
Average Volume355,942Shares Outstanding65,225
P/E Ratio8.9722
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