Learn to Evaluate (PEN) using the Charts
April 22, 2025, 13:32 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PEN
- Buy PEN near 251.31 target 277.95 stop loss @ 250.58 Details
The technical summary data tells us to buy PEN near 251.31 with an upside target of 277.95. This data also tells us to set a stop loss @ 250.58 to protect against excessive loss in case the stock begins to move against the trade. 251.31 is the first level of support below 271.85 , and by rule, any test of support is a buy signal. In this case, support 251.31 would be being tested, so a buy signal would exist.
- Short PEN slightly under 277.95, target 251.31, stop loss @ 278.75 Details
The technical summary data is suggesting a short of PEN as it gets near 277.95 with a downside target of 251.31. We should have a stop loss in place at 278.75though. 277.95 is the first level of resistance above 271.85, and by rule, any test of resistance is a short signal. In this case, if resistance 277.95 is being tested, so a short signal would exist.
Swing Trading Plans for PEN
- Buy PEN slightly over 277.95, target 280.99, Stop Loss @ 277.15 Details
If 277.95 begins to break higher, the technical summary data tells us to buy PEN just slightly over 277.95, with an upside target of 280.99. The data also tells us to set a stop loss @ 277.15 in case the stock turns against the trade. 277.95 is the first level of resistance above 271.85, and by rule, any break above resistance is a buy signal. In this case, 277.95, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PEN slightly near 277.95, target 269.23, Stop Loss @ 278.75. Details
The technical summary data is suggesting a short of PEN if it tests 277.95 with a downside target of 269.23. We should have a stop loss in place at 278.75 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 277.95, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for PEN
- Buy PEN slightly over 272.35, target 277.95, Stop Loss @ 271.71 Details
If 272.35 begins to break higher, the technical summary data tells us to buy PEN just slightly over 272.35, with an upside target of 277.95. The data also tells us to set a stop loss @ 271.71 in case the stock turns against the trade. 272.35 is the first level of resistance above 271.85, and by rule, any break above resistance is a buy signal. In this case, 272.35, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PEN slightly near 272.35, target 269.23, Stop Loss @ 272.99. Details
The technical summary data is suggesting a short of PEN if it tests 272.35 with a downside target of 269.23. We should have a stop loss in place at 272.99 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 272.35, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Penumbra Inc. (PEN) available here: PEN.
PEN Ratings for April 22:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
251.31 |
| P2 |
272.35 |
269.23 |
277.95 |
| P3 |
278.38 |
280.99 |
304.05 |
AI Generated Signals for PEN
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Penumbra Inc. (NYSE: PEN) report below can help you understand how to do this. The trading plans for PEN, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for PEN:
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