Penguin Solutions. Stock Forecast

Buy or Hold candidate since Jun 03, 2025 Gain 2.08%

The Penguin Solutions, Inc. stock price gained 1.39% on the last trading day (Tuesday, 17th Jun 2025), rising from $19.37 to $19.64. During the last trading day the stock fluctuated 3.80% from a day low at $19.23 to a day high of $19.96. The price has risen in 6 of the last 10 days and is up by 2.08% over the past 2 weeks. Volume fell on the last day by -42 thousand shares and in total, 493 thousand shares were bought and sold for approximately $9.68 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $20.50 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 10.48% during the next 3 months and, with a 90% probability hold a price between $17.69 and $22.65 at the end of this 3-month period.

PENG Signals & Forecast

The Penguin Solutions, Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $19.80. On a fall, the stock will find some support from the long-term average at approximately $18.55. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 11, 2025, and so far it has fallen -3.63%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Monday, May 05, 2025 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Penguin Solutions, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $16.19 and $15.32. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Penguin Solutions, Inc. finds support just below today's level at $16.19. If this is broken, then the next support from accumulated volume will be at $15.32 and $15.19.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.730 between high and low, or 3.80%. For the last week, the stock has had daily average volatility of 3.18%.

Our recommended stop-loss: $18.80 (-4.30%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (PENG) For The Upcoming Trading Day Of Wednesday 18th

For the upcoming trading day on Wednesday, 18th we expect Penguin Solutions, Inc. to open at $19.61, and during the day (based on 14 day Average True Range), to move between $18.96 and $20.32, which gives a possible trading interval of +/-$0.677 (+/-3.45%) up or down from last closing price. If Penguin Solutions, Inc. takes out the full calculated possible swing range there will be an estimated 6.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $20.01 (1.88%) than the support at $16.19 (17.57%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Penguin Solutions, Inc. stock A Buy?

Penguin Solutions, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.679 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 18, 2025 - $19.61 ( 0.153%).

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