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 $26.50. 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)	80.50	Sell
STOCH(9,6)	97.19	Sell
STOCHRSI(14)	100.00	Sell
MACD(12,26)	1.7233	Buy
ADX(14)	35.56	Buy
William %R	-0.6648	Sell
CCI(14)	141.14	Buy

Buy: 3 Sell: 4 Neutral: 0

Summary: Sell

Moving Averages

Period	Simple	Exponential
MA10	22.44 Buy	22.92 Buy
MA20	19.97 Buy	21.20 Buy
MA50	19.33 Buy	20.02 Buy
MA100	19.70 Buy	20.13 Buy
MA200	21.71 Buy	20.28 Buy

Buy: 10 Sell: 0 Neutral: 0

Summary: Buy

According to our latest analysis, PENG could be considered a Strong Buy, with 17 technical analysis indicators signaling 13 Buy signals, 4 signaling Sell signals and 0 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 80.5 indicates that PENG is overbought. This suggests that PENG price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
STOCH (Stochastic Oscillator): The STOCH value of 97.19 indicates that PENG is oversold. This means that PENG price is at or near the highest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that PENG is oversold. This suggests that PENG price is at or near the highest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 35.56 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 141.14 indicates that PENG is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.