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 for Penumbra Inc Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Penumbra Inc PEN at this time. Stock is falling and might fall more.

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

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

PEN Penumbra Inc is falling or rising NEWS fundamental reasons

Vodafone Idea plans to open more retail outlets: Executive Empowered by a recent infusion of equity funding, Vodafone Idea (Vi) aims to expand its network of retail outlets throughout this fiscal year. This strategic move is designed to bolster sales and enhance customer loyalty, essential for the financially cons - NEWS as on 2024-05-16 indiatimes.com

Higher Open Anticipated For South Korea Stock Market (RTTNews) - Ahead of Wednesday's holiday for Buddha's birthday, the South Korea stock market had alternated between positive and negative finishes since the end of the two-day winning streak in which it had jumped almost 70 points or 2.6 percent. The KOSPI - NEWS as on 2024-05-15 nasdaq.com

Stellantis open to use India facility to roll out Chinese JV partner Leapmotor's EVs Stellantis plans to produce Leapmotor EVs in India to tackle import duties. JV with Leapmotor International BV for global EV launch. Stellantis invested 1.5 billion euros. EVs to launch in multiple countries from September 2024. Retail strategy under discu - NEWS as on 2024-05-14 indiatimes.com

Malaysia Stock Market Tipped To Open In The Green (RTTNews) - The Malaysia stock market has moved higher in two straight sessions, collecting more than 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,605-point plateau and it may extend its gains on Wednesd - NEWS as on 2024-05-14 nasdaq.com

US stocks open higher as investors await inflation data The Dow Jones Industrial Average rose 78.4 points, or 0.20%, at the open to 39,591.28. - NEWS as on 2024-05-13 indiatimes.com

Piramal Pharma open to partnerships in OTC; eyes further debt reduction Piramal said that they are focusing on organic growth across all their verticals - OTC business in India, complex hospital generics, and the Contract Development and Manufacturing (CDMO) business - NEWS as on 2024-05-13 business-standard.com

3 mutual fund NFOs to open for subscription this week Two NFOs will be from Bajaj Finserv Mutual Fund and one will be from Samco Mutual Fund. - NEWS as on 2024-05-12 indiatimes.com

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

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

More announcements and NEWS

PEN Penumbra, Inc. current price & indicator signals

Moving Averages for Penumbra, Inc.

  • 5Day Average: 207.98
  • 12Day Average: 206.75
  • 20Day Average: 205.62
  • 50Day Average: 217.88
  • 100Day Average: 234.96
  • 150Day Average: 230.01
  • 200Day Average: 235.07

PEN Indicators & signals

Indicator MACD (12,26,9)

207.2, 209.95, -3.79
Indicator MACD is in negative zone

Indicator ADX (14)

28.47, 13.01, 23.37
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
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
15 Wed May 2024 204.70 203.95 to 211.07 -1.93% 0.71 times
14 Tue May 2024 208.73 206.20 to 211.85 1.93% 0.45 times
13 Mon May 2024 204.77 204.37 to 214.97 -3.54% 0.53 times
10 Fri May 2024 212.28 206.57 to 213.04 1.38% 0.81 times
09 Thu May 2024 209.40 202.76 to 210.77 3.11% 0.92 times
08 Wed May 2024 203.09 199.54 to 220.41 -3.29% 2.21 times
07 Tue May 2024 210.00 209.49 to 214.94 -0.77% 1.36 times
06 Mon May 2024 211.62 208.27 to 211.92 1.47% 0.79 times
03 Fri May 2024 208.55 206.58 to 209.67 1.21% 0.75 times
02 Thu May 2024 206.06 202.81 to 208.14 0.38% 0.89 times
01 Wed May 2024 205.29 196.48 to 208.78 4.49% 1.31 times
30 Tue Apr 2024 196.47 196.23 to 203.26 -2.76% 0.73 times

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

 

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