1.12% -1.10

Penguin Solutions Inc (PENG)

Overview News Price History Discussions Forecast

Penguin Solutions Inc Stock (PENG) Forecast

The Penguin Solutions Inc (PENG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $59.28. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month PENG Price Target

Average 0.00 (-100.00% Downside)

Is Penguin Solutions Inc (PENG) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	62.68	Neutral
STOCH(9,6)	45.55	Neutral
STOCHRSI(14)	14.98	Buy
MACD(12,26)	6.356	Sell
ADX(14)	48.67	Buy
William %R	-42.57	Neutral
CCI(14)	21.82	Neutral

Buy: 2 Sell: 1 Neutral: 4

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	65.02 Sell	62.40 Buy
MA20	58.54 Buy	58.13 Buy
MA50	42.43 Buy	46.33 Buy
MA100	30.61 Buy	36.73 Buy
MA200	26.44 Buy	29.66 Buy

Buy: 9 Sell: 1 Neutral: 0

Summary: Buy

According to our latest analysis, PENG could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 2 signaling Sell signals and 4 Neutral signals. This might be a good time to open fresh positions on PENG, as trading bullish markets is always a lot easier

RSI (Relative Strength Index): The RSI(14) value of 62.68 indicates that PENG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 45.55 indicates that PENG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 14.98 indicates that PENG is oversold. This suggests that PENG price is at or near the lowest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 48.67 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 21.82 indicates that PENG is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.