Penguin Solutions Inc (PENG)

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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 $52.63. 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)	36.47	Neutral
STOCH(9,6)	13.19	Buy
STOCHRSI(14)	1.831	Buy
MACD(12,26)	-3.012	Sell
ADX(14)	22.17	Neutral
William %R	-96.48	Buy
CCI(14)	-108.77	Sell

Buy: 3 Sell: 2 Neutral: 2

Summary: Buy

Moving Averages

Period	Simple	Exponential
MA10	58.21 Sell	57.63 Sell
MA20	65.60 Sell	61.43 Sell
MA50	62.27 Sell	58.55 Sell
MA100	43.95 Buy	49.09 Sell
MA200	32.14 Buy	38.66 Buy

Buy: 3 Sell: 7 Neutral: 0

Summary: Sell

According to our latest analysis, PENG could be considered a Strong Sell, with 17 technical analysis indicators signaling 6 Buy signals, 9 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.

RSI (Relative Strength Index): The RSI(14) value of 36.47 indicates that PENG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 13.19 indicates that PENG is oversold. This indicates that PENG price is at or near the lowest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 1.831 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 22.17 suggests that there may be some movement in price, but it lacks strength or conviction.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -108.77 indicates that PENG is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.