Technical Analysis for PFLT - PennantPark Floating Rate Capital Ltd.

Grade Last Price % Change Price Change
grade D 11.94 -0.83% -0.10
PFLT closed down 0.83 percent on Friday, May 24, 2019, on 1.33 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

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

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
Oversold Stochastic Weakness 0.00%
Cup with Handle Other -0.83%
Oversold Stochastic Weakness -0.83%
Cup with Handle Other -1.57%
Oversold Stochastic Weakness -1.57%
Cup with Handle Other -1.16%
Spinning Top Other -1.16%
Oversold Stochastic Weakness -1.16%
Cup with Handle Other -0.50%

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.
Equity Securities Private Equity Venture Capital Business Development Company Money Market Money Market Fund Public–Private Investment Program For Legacy Assets
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: 0 bullish, 4 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 165,451
200-Day Moving Average 12.881
50-Day Moving Average 12.7872
20-Day Moving Average 12.5365
10-Day Moving Average 12.055
Average True Range 0.165
ADX 49.61
+DI 10.9619
-DI 35.6707
Chandelier Exit (Long, 3 ATRs ) 12.925
Chandelier Exit (Short, 3 ATRs ) 12.435
Upper Bollinger Band 13.711
Lower Bollinger Band 11.362
Percent B (%b) 0.25
BandWidth 18.737287
MACD Line -0.2741
MACD Signal Line -0.2279
MACD Histogram -0.0462
Fundamentals Value
Market Cap 387.81 Million
Num Shares 32.5 Million
EPS 1.66
Price-to-Earnings (P/E) Ratio 7.19
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 1.14
Dividend Yield 9.55%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.15
Resistance 3 (R3) 12.17 12.13 12.12
Resistance 2 (R2) 12.13 12.07 12.12 12.10
Resistance 1 (R1) 12.03 12.04 12.01 12.01 12.09
Pivot Point 11.99 11.99 11.98 11.98 11.99
Support 1 (S1) 11.89 11.93 11.87 11.87 11.79
Support 2 (S2) 11.85 11.90 11.84 11.78
Support 3 (S3) 11.75 11.85 11.77
Support 4 (S4) 11.73