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 $36.45. 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)	82.51	Sell
STOCH(9,6)	74.10	Neutral
STOCHRSI(14)	94.89	Sell
MACD(12,26)	3.1913	Buy
ADX(14)	52.49	Buy
William %R	-4.1293	Sell
CCI(14)	116.19	Buy

Buy: 3 Sell: 3 Neutral: 1

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	30.21 Buy	30.67 Buy
MA20	27.77 Buy	28.04 Buy
MA50	22.29 Buy	24.17 Buy
MA100	21.00 Buy	22.42 Buy
MA200	22.17 Buy	21.40 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, 3 signaling Sell signals and 1 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 82.51 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 74.1 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 94.89 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 52.49 suggests an extremely strong trend in the market. Such high values are relatively rare and indicate a very robust directional movement.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 116.19 indicates that PENG is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.