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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 $21.74. 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)
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Is Penguin Solutions Inc (PENG) A Buy Now?

Oscillators
Name Value Action
RSI(14) 35.38 Neutral
STOCH(9,6) 12.11 Buy
STOCHRSI(14) 11.49 Buy
MACD(12,26) -0.9841 Sell
ADX(14) 26.16 Sell
William %R -92.64 Buy
CCI(14) -74.19 Neutral
Buy: 3 Sell: 2 Neutral: 2
Summary: Buy
Moving Averages
Period Simple Exponential
MA10
23.39
Sell
23.23
Sell
MA20
25.20
Sell
24.25
Sell
MA50
24.94
Sell
24.49
Sell
MA100
23.30
Sell
23.39
Sell
MA200
21.01
Buy
21.49
Buy
Buy: 2 Sell: 8 Neutral: 0
Summary: Sell
According to our latest analysis, PENG could be considered a Strong Sell, with 17 technical analysis indicators signaling 5 Buy signals, 10 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on PENG, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 35.38 indicates that PENG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 12.11 indicates that PENG is oversold. This indicates that PENG price is at or near the lowest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 11.49 indicates that PENG is oversold. This suggests that PENG price is at or near the lowest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 26.16 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -74.19 indicates that PENG is still oversold but not to an extreme extent.

Penguin Solutions Inc Stock (PENG) Year by Year Forecast

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Cap:     |  Volume (24h):