Technical Analysis for PFLT - PennantPark Floating Rate Capital Ltd.

Grade Last Price % Change Price Change
grade B 12.59 1.00% 0.13
PFLT closed up 1.0 percent on Tuesday, January 15, 2019, on 61 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Earnings due: Feb 6

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Up Up
See historical PFLT trend table...

Date Alert Name Type % Chg
Jan 15 Crossed Above 50 DMA Bullish 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 15 Up 3 Days in a Row Strength 0.00%
Jan 15 Up 4 Days in a Row Strength 0.00%
Jan 15 Up 5 Days in a Row Strength 0.00%
Jan 14 50 DMA Resistance Bearish 1.00%
Jan 14 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.00%
Jan 14 MACD Bullish Centerline Cross Bullish 1.00%
Jan 14 Overbought Stochastic Strength 1.00%
Jan 14 Up 3 Days in a Row Strength 1.00%

Older signals for PFLT ...

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Profile
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Is PFLT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 1 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 14.12
52 Week Low 11.05
Average Volume 179,442
200-Day Moving Average 13.1998
50-Day Moving Average 12.4708
20-Day Moving Average 11.896
10-Day Moving Average 12.2445
Average True Range 0.2439
ADX 25.65
+DI 24.2525
-DI 19.7487
Chandelier Exit (Long, 3 ATRs ) 11.8683
Chandelier Exit (Short, 3 ATRs ) 11.7817
Upper Bollinger Band 12.7321
Lower Bollinger Band 11.0599
Percent B (%b) 0.92
BandWidth 14.056826
MACD Line 0.0361
MACD Signal Line -0.0921
MACD Histogram 0.1282
Fundamentals Value
Market Cap 408.93 Million
Num Shares 32.5 Million
EPS 1.66
Price-to-Earnings (P/E) Ratio 7.58
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 1.14
Dividend Yield 9.05%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.79
Resistance 3 (R3) 12.77 12.68 12.75
Resistance 2 (R2) 12.68 12.63 12.69 12.74
Resistance 1 (R1) 12.64 12.60 12.66 12.66 12.73
Pivot Point 12.55 12.55 12.57 12.56 12.55
Support 1 (S1) 12.51 12.50 12.53 12.53 12.45
Support 2 (S2) 12.42 12.47 12.43 12.44
Support 3 (S3) 12.38 12.42 12.43
Support 4 (S4) 12.40