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Penguin Solutions, Inc.

PENG•NASDAQ
Technology
Hardware, Equipment & Parts
$19.25
$0.13(0.68%)
U.S. Market opens in 17h 27m

Penguin Solutions, Inc. (PENG) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Penguin Solutions, Inc. (NASDAQ:PENG).

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

Penguin Solutions, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.87)
Trend Strength:Weak (ADX: 13.64)
Volatility:Medium (ATR: 0.91)
Support/Resistance:$17.79 – $20.38 (Bollinger Bands)

This mix signals that Penguin Solutions, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 68.95

Bullish
Buying momentum building without extremes.

Williams %R: -28.42

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.47

Neutral
Price change is minimal.

Takeaway:Penguin Solutions, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.19

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.64

Weak
Weak trend, market trading sideways.

ATR (14): 0.91

Low
Low volatility, stable price action.

CCI (14): 31.69

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.38
Middle Band (SMA 20)
$19.09
Lower Band
$17.79
Current Position
Within Bands

Takeaway:Penguin Solutions, Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$20.97
Middle Line (EMA 20)
$19.15
Lower Channel
$17.33
Squeeze Status
Squeeze On

Takeaway:Penguin Solutions, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-7.58M
Money Flow Index38.92Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.53Bearish, price momentum favors sellers.

Overall Takeaway:PENG shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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.

Technical Analysis FAQ