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Penguin Solutions, Inc.

PENG Technical Analysis Summary (NASDAQ)

Analyze PENG on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PENG●NASDAQ
TechnologyHardware, Equipment & Parts
$52.62
$1.48(2.89%)
U.S. Market opens in 60h 10m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PENG Technical Analysis Summary (NASDAQ)

Penguin Solutions, Inc. (NASDAQ: PENG) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.27)
Trend Strength:Weak (ADX: 14.60)
Volatility:High (ATR: 5.14)
Support/Resistance:$45.57 – $64.75 (Bollinger Bands)

Technical conditions suggest Penguin Solutions, Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Penguin Solutions, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.27

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.65

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.94

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.13

Neutral
Price change is minimal.

Takeaway:Penguin Solutions, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.46

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.60

Weak
Weak trend, market trading sideways.

ATR (14): 5.14

High
High volatility, wide price fluctuations.

CCI (14): -129.27

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Penguin Solutions, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$64.75
Middle Band (SMA 20)
$55.16
Lower Band
$45.57
Current Position
Within Bands

Takeaway:Penguin Solutions, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$67.37
Middle Line (EMA 20)
$57.09
Lower Channel
$46.81
Squeeze Status
Squeeze On

Takeaway:Penguin Solutions, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-12.42M
Money Flow Index58.99Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.91Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PENG shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Penguin Solutions, Inc. (NASDAQ: PENG), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Penguin Solutions, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: PENG) Technical Analysis FAQ