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(PEN) Penumbra Inc complete technical analysis [charts+indicators] | Buy/Sell Penumbra Inc | (PEN) share price targets

Complete technical analysis of Penumbra Inc (PEN) by charts plus indicators, forecast predictions and share price targets for Penumbra Inc (PEN)

Penumbra Inc trades in USA in Health Care sector.

10 day averaged volume of Penumbra Inc is 371552

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 203.53 201.50 204.09 200.69 0.594 times
16 Thu May 2024 201.53 204.40 204.81 200.96 0.713 times
15 Wed May 2024 204.70 211.07 211.07 203.95 0.794 times
14 Tue May 2024 208.73 206.28 211.85 206.20 0.508 times
13 Mon May 2024 204.77 213.10 214.97 204.37 0.588 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 202 as stoploss in an intra day buy trade for a target of 205.64. However, stock will show a bearish move below 202.

Share price targets for Penumbra Inc (PEN)

Target Type Value
Downside Target 196.23
Upside Target 209.01
Upside Target 214.97
Upside Target 220.41
Upside Target 221.13
Upside Target 224.03
Upside Target 225.85
Upside Target 226.27
Upside Target 261.44
Upside Target 266.34
Upside Target 277.34

Intraday share price targets for Penumbra Inc (PEN)

Target Type Value
Downside Intraday Target 197.82
Downside Intraday Target 192.12
Upside Intraday Target 212.1
Upside Intraday Target 220.68
Upside Intraday Target 206.4

Weekly technical analysis of Penumbra Inc (PEN)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 203.53 213.10 214.97 200.69 0.47 times
10 Fri May 2024 212.28 209.79 220.41 199.54 1.339 times
03 Fri May 2024 208.55 205.83 209.67 196.23 1.159 times
26 Fri Apr 2024 204.41 204.04 209.01 200.80 1.118 times
19 Fri Apr 2024 202.72 219.24 221.13 199.38 1.314 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Penumbra Inc (PEN)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 203.53 196.69 220.41 196.48 0.753 times
30 Tue Apr 2024 196.47 223.18 226.27 196.23 0.847 times
28 Thu Mar 2024 223.18 234.72 261.44 217.37 1.047 times
29 Thu Feb 2024 234.92 253.00 277.34 224.03 1.107 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Penumbra Inc (PEN)

Indicator Name Indicator Value Indicator Signal
ADX 11, 24, 38 Sell
MACD -8, -8Buy
Stochastics 18Sell
CCI -145Buy
RSI 45Sell
OBV 612637Sell
VWAP 207Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Penumbra Inc ( (PEN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Penumbra Inc ( (PEN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Penumbra Inc ( (PEN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Penumbra Inc ( (PEN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Penumbra Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Penumbra Inc in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Penumbra Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Penumbra Inc in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Penumbra Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 206.8 and Penumbra Inc (PEN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Penumbra Inc (PEN) stock. Volume based technical analysis of Penumbra Inc (PEN) stock is negative.

Penumbra Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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