PNNT NEWS why is Pennantpark Investment Corporation price falling or rising

PNNT NEWS reasons for why stock price of Pennantpark Investment Corporation is falling or rising

PNNT Pennantpark Investment is falling or rising technical reasons

Technical analysis forecast for Pennantpark Investment 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 Pennantpark Investment PNNT at this time. Stock is falling and might fall more.

It appears as if Pennantpark Investment PNNT gave a large move recently.

Stock of Pennantpark Investment (PNNT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Pennantpark Investment is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.9 as stoploss in an intra day buy trade for a target of 6.96. However, stock will show a bearish move below 6.9.

PNNT Pennantpark Investment is falling or rising NEWS fundamental reasons

More announcements and NEWS

PNNT Pennantpark Investment Corporation current price & indicator signals

Moving Averages for Pennantpark Investment Corporation

  • 5Day Average: 6.89
  • 12Day Average: 6.94
  • 20Day Average: 6.96
  • 50Day Average: 7.01
  • 100Day Average: 7.25
  • 150Day Average: 7.14
  • 200Day Average: 7.08

PNNT Indicators & signals

Indicator MACD (12,26,9)

6.92, 6.98, -0.04
Indicator MACD is in negative zone

Indicator ADX (14)

0, 63.64, 63.64
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PNNT Pennantpark Investment Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Fri Sep 2024 6.92 6.86 to 6.94 1.32% 0.72 times
26 Thu Sep 2024 6.83 6.81 to 6.88 0.44% 0.85 times
25 Wed Sep 2024 6.80 6.78 to 6.95 -2.02% 1.54 times
24 Tue Sep 2024 6.94 6.92 to 7.00 -0.29% 1.64 times
23 Mon Sep 2024 6.96 6.95 to 6.99 0.14% 0.64 times
20 Fri Sep 2024 6.95 6.94 to 6.98 -0.29% 1.02 times
19 Thu Sep 2024 6.97 6.97 to 7.05 -0.57% 0.91 times
18 Wed Sep 2024 7.01 6.96 to 7.03 0.72% 0.68 times
17 Tue Sep 2024 6.96 6.95 to 7.05 -0.85% 0.9 times
16 Mon Sep 2024 7.02 6.94 to 7.03 0.14% 0.78 times
13 Fri Sep 2024 7.01 6.96 to 7.03 1.15% 1.03 times
12 Thu Sep 2024 6.93 6.92 to 7.04 -1.28% 1.59 times

Videos related to: PNNT NEWS why is Pennantpark Investment Corporation price falling or rising

Videos related to: PNNT NEWS why is Pennantpark Investment Corporation price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

PNNT NEWS why is Pennantpark Investment Corporation price falling or rising

 

Back to top