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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
$53.41
$1.50(2.89%)
U.S. Market opens in 37h 18m

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: 42.04)
Trend Strength:Moderate (ADX: 23.54)
Volatility:High (ATR: 5.44)
Support/Resistance:$45.26 – $79.51 (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): 42.04

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.18

Bullish
Oversold zone signals rebound potential.

Williams %R: -89.17

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -12.07

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.14

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.54

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.44

High
High volatility, wide price fluctuations.

CCI (14): -94.96

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
$79.51
Middle Band (SMA 20)
$62.38
Lower Band
$45.26
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$70.88
Middle Line (EMA 20)
$59.99
Lower Channel
$49.11
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 Volume9.51M
Money Flow Index68.26Bullish, inflows support continued momentum.
Relative Vigor Index40.97Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PENG shows mixed signals in money flow analysis.

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.

RVI below 50 → vigor tilted toward sellers.

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

(NASDAQ: PENG) Technical Analysis FAQ