Stock Trend Analysis Report
Prepared for you on Monday, September 26, 2022.
PennantPark Floating Rate Capital Ltd. (NYSE:PFLT)
Strong Downtrend (-100) - PFLT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PFLT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PFLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for PFLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PFLT
The long-term trend has been DOWN since Apr 22nd, 2022 at 13.85
The intermediate-term trend has been DOWN since Sep 16th, 2022 at 11.81
The short-term trend has been DOWN since Sep 13th, 2022 at 12.12
Smart Scan Analysis for PFLT
Based on our trend formula, PFLT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.38||52wk High Date||2022-04-20|
|52wk Low||10.3101||52wk Low Date||2022-09-23|
|Average Volume||388,862||Shares Outstanding||41,346|