Penguin Solutions (PENG) Technical Analysis: Signals, Charts & Indicators

3.67 / 10

Netural

Technical analysis gives PENG a 3.67/10 neutral rating, reflecting a bearish bias. MACD Death Cross and Golden Cross dominate, and Bullish Engulfing is weak, while only the Long Upper Shadow shows bullish strength. The chart suggests volatility and limited upside.

Analysis Checks(2/5)

Long Upper Shadow

Score8.13/10

Win Rate100.00%

Hist. Signals4

Avg Return7.54%

MACD Death Cross

Score1.99/10

Win Rate46.15%

Hist. Signals13

Avg Return-2.24%

MACD Golden Cross

Score1/10

Win Rate25.00%

Hist. Signals12

Avg Return-3.74%

Bullish Engulfing

Score1/10

Win Rate30.77%

Hist. Signals13

Avg Return0.42%

Marubozu White

Score6.21/10

Win Rate66.67%

Hist. Signals9

Avg Return-1.19%

Technical Analysis of PENG?

PENG presents a Netural setup with a Technical Score of 3.67/10. Key technical indicators highlight an RSI of 35.20 and a MACD of -0.10, with the trend anchored by the 50-Day SMA at 18.94. Traders should monitor key support at 17.41 and resistance at 18.16.