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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
TechnologySemiconductors
$49.25
$4.61(10.33%)
U.S. Market opens in 3h 14m

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: 46.32)
Trend Strength:Moderate (ADX: 29.37)
Volatility:High (ATR: 5.75)
Support/Resistance:$39.47 – $65.40 (Bollinger Bands)

Technical conditions suggest Penguin Solutions, Inc. on the NASDAQ is awaiting a decisive move. Overall, Penguin Solutions, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.32

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 39.83

Bearish
Momentum remains weak below midpoint.

Williams %R: -48.70

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -5.07

Strongly Bearish
Sharp downside momentum.

Takeaway:Penguin Solutions, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -3.85

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.37

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.75

High
High volatility, wide price fluctuations.

CCI (14): -23.78

Bearish
Bearish, momentum remains under pressure.

Takeaway:Penguin Solutions, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$65.40
Middle Band (SMA 20)
$52.43
Lower Band
$39.47
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$63.14
Middle Line (EMA 20)
$51.65
Lower Channel
$40.15
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume17.83M
Money Flow Index51.70Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.72Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PENG shows bullish money flow, with volume and vigor supporting buyers.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

Overall Recommendation:Penguin Solutions, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: PENG) Technical Analysis FAQ