PEN NEWS why is Penumbra, Inc. price falling or rising

PEN NEWS reasons for why stock price of Penumbra, Inc. is falling or rising

PEN Penumbra Inc is falling or rising technical reasons

Technical analysis forecast of Penumbra Inc Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Penumbra Inc PEN at this time. Stock is rising and might rise more.

It appears as if Penumbra Inc PEN gave a large move recently.

Stock of Penumbra Inc (PEN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Penumbra Inc is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 213.1 as stoploss in an intra day sell trade for a target of 209.21. However, stock will show a bullish move above 213.1.

PEN Penumbra Inc is falling or rising NEWS fundamental reasons

Non-residents allowed to open margin accounts for derivative contracts The move by RBI is expected to enhance efficiency in managing margin obligations - NEWS as on 2024-05-10 business-standard.com

US stocks flat at open as weak earnings offset jobless claims relief The Dow Jones Industrial Average rose 7.9 points, or 0.02%, at the open to 39064.27. - NEWS as on 2024-05-09 indiatimes.com

Piotex Industries IPO to open on May 10, price fixed at Rs 94 per share Piotex Industries, a leading supplier of yarn, fabric and cotton bale on Wednesday said its initial public offering (IPO) will hit the capital market on Friday to raise Rs 14.47 crore from public investors. The initial public offering (IPO) of the company - NEWS as on 2024-05-08 business-standard.com

Air India, Lufthansa deepen ties in 'rare' code-sharing pact Lufthansa and Air India have deepened partnership with code-share expansions on India-Australia route. Experts note that it's unusual for Lufthansa to code-share with Air India on international routes. - NEWS as on 2024-05-08 indiatimes.com

Citigroup sells shares of Vodafone Idea for over Rs 233 cr via open market Financial services company Citigroup on Wednesday sold shares of telecom company Vodafone Idea for over Rs 233 crore through an open market transaction. US-based Citigroup through its affiliate, Citigroup Global Markets Mauritius, offloaded shares of Vodaf - NEWS as on 2024-05-08 business-standard.com

Premier Roadlines IPO to open on May 10, price band at Rs 63-67 per share Logistics solutions provider Premier Roadlines on Tuesday said it has fixed the price band at Rs 63 to Rs 67 per equity share for its initial public offer which will hit the capital market on Friday to mop up a little over Rs 40 crore. The company's shares - NEWS as on 2024-05-07 business-standard.com

Energy Mission Machineries IPO to open on May 9; price band at Rs 131-138 per share The public offer is entirely a fresh issue of 29.82 lakh Equity shares of Rs 10 face value and no Offer for Sale component, according to the red herring prospectus (RHP). - NEWS as on 2024-05-06 indiatimes.com

Go Fashion (India) to expand; plans to open 120-150 new stores in FY25 Go Fashion (India) Ltd which owns the popular women's wear brand 'Go Colors' has drawn up plans to add 120-150 net new stores in FY25, a top official has said. The company added a total of 94 stores last financial year taking the overall count to 714, comp - NEWS as on 2024-05-05 business-standard.com

ADB open to funding space sector in India: VP Bhargav Dasgupta The Asian Development Bank is open to funding the space sector in India in addition to focusing on climate finance to mitigate the associated risks, said its Vice President Bhargav Dasgupta on Friday. ADB has done some projects in satellite in the Asia Pac - NEWS as on 2024-05-03 indiatimes.com

Carlyle Group divests 2% stake in YES Bank for Rs 1,441 cr via open market Carlyle Group on Friday divested nearly a 2 per cent stake in private sector lender Yes Bank for Rs 1,441 crore through an open market transaction. US-based Carlyle Group, through its affiliate CA Basque Investments, offloaded shares in Yes Bank through a - NEWS as on 2024-05-03 business-standard.com

More announcements and NEWS

PEN Penumbra, Inc. current price & indicator signals

Moving Averages for Penumbra, Inc.

  • 5Day Average: 209.28
  • 12Day Average: 206.23
  • 20Day Average: 206.15
  • 50Day Average: 220.37
  • 100Day Average: 236.57
  • 150Day Average: 229.83
  • 200Day Average: 235.9

PEN Indicators & signals

Indicator MACD (12,26,9)

207.96, 210.96, -4.73
Indicator MACD is in negative zone

Indicator ADX (14)

19.34, 16.69, 24.69
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PEN Penumbra, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri May 2024 212.28 206.57 to 213.04 1.38% 0.77 times
09 Thu May 2024 209.40 202.76 to 210.77 3.11% 0.87 times
08 Wed May 2024 203.09 199.54 to 220.41 -3.29% 2.1 times
07 Tue May 2024 210.00 209.49 to 214.94 -0.77% 1.29 times
06 Mon May 2024 211.62 208.27 to 211.92 1.47% 0.75 times
03 Fri May 2024 208.55 206.58 to 209.67 1.21% 0.71 times
02 Thu May 2024 206.06 202.81 to 208.14 0.38% 0.84 times
01 Wed May 2024 205.29 196.48 to 208.78 4.49% 1.25 times
30 Tue Apr 2024 196.47 196.23 to 203.26 -2.76% 0.69 times
29 Mon Apr 2024 202.04 199.32 to 207.67 -1.16% 0.83 times
26 Fri Apr 2024 204.41 203.10 to 207.17 -0.53% 0.66 times
25 Thu Apr 2024 205.50 201.01 to 206.66 -0.32% 0.6 times

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