Stock Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
PARINGA RESOURCES LTD ORD (NASDAQ:PNGZF)
Sidelines Mode (-55) - PNGZF 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 PNGZF?
MarketClub looks at technical strength and momentum to determine if the timing is right for PNGZF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PNGZF
The long-term trend has been UP since Feb 1st, 2021 at 0.024
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 0.028
The short-term trend has been UP since Jun 2nd, 2021 at 0.027
Smart Scan Analysis for PNGZF
Based on our trend formula, PNGZF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.44||Year High Date||2018-02-02|
|Year Low||0.12||Year Low Date||2018-08-15|
|52wk High||0.0297||52wk High Date||2020-10-07|
|52wk Low||0.0013||52wk Low Date||2020-11-10|
|Average Volume||1,652||Shares Outstanding||461,251|