PENG Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Penguin Solutions Inc (PENG) Moving Averages Convergence Divergence (MACD) indicator is 2.256, suggesting PENG is Strong Buy.

Penguin Solutions Inc (PENG) 20-Day simple moving average is 21.384, while Penguin Solutions Inc (PENG) share price is $28.1, making it Buy.

Penguin Solutions Inc (PENG) 60-Day simple moving average is 19.756, while Penguin Solutions Inc (PENG) share price is $28.1, making it Buy.

Technical Analysis for PENG

Technical Sentiment Analysis for Penguin Solutions Inc (PENG) As of 2026-04-20, Penguin Solutions Inc (PENG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 17 technical signals, shows that 11 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PENG stands at 81.426, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.256, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 94.711 and the Commodity Channel Index (CCI) at 130.944 further confirm a 7.83 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PENG is trading below its 60-day moving average of $19.756 and below its 200-day long-term moving average of $21.814. Key price levels to watch include the immediate resistance at $28.641 and strong support at $20.119. A break above $28.641 could signal a bull continuation, while falling below $20.119 may test the next Fibonacci floor at $15.623.

Penguin Solutions Inc (PENG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	11.597	15.623	20.119	24.144	28.641	32.666	37.162
Fibonacci	15.623	18.878	20.889	24.144	27.4	29.411	32.666

Penguin Solutions Inc (PENG) Technical Indicators

2026-04-20

Name	Value
RSI_14	81.426
STOCHk_14_3_3	94.711
STOCHd_14_3_3	94.943
CCI_20	130.944
AO_5_34	6.427
MOM_10	7.83
MACD_12_26_9	2.256

Penguin Solutions Inc (PENG) Relative Strength Index (RSI) is 81.426, creating a Sell signal.

Penguin Solutions Inc (PENG) Stochastic Oscillator is 94.711, creating a Sell signal.

Penguin Solutions Inc (PENG) Stochastic RSI is 94.943, creating a Sell signal.

Penguin Solutions Inc (PENG) Commodity Channel Index (CCI) is 130.944, creating a Sell signal.

Penguin Solutions Inc (PENG) Awesome Oscillator is 6.427, creating a Buy signal.

Penguin Solutions Inc (PENG) Momentum is 7.83, creating a Buy signal.

Penguin Solutions Inc (PENG) MACD is 2.256, creating a Buy signal.

Penguin Solutions Inc (PENG) Moving Average

2026-04-20

Period	Simple	Signal
MA_5	26.63	Buy
MA_10	24.615	Buy
MA_20	21.384	Buy
MA_60	19.756	Buy
MA_200	21.814	Buy
MA_250	21.186	Buy

Penguin Solutions Inc (PENG) 5-Day simple moving average is 26.63, while Penguin Solutions Inc (PENG) share price is $28.1, making it a Buy.

Penguin Solutions Inc (PENG) 10-Day simple moving average is 24.615, while Penguin Solutions Inc (PENG) share price is $28.1, making it a Buy.

Penguin Solutions Inc (PENG) 20-Day simple moving average is 21.384, while Penguin Solutions Inc (PENG) share price is $28.1, making it a Buy.

Penguin Solutions Inc (PENG) 60-Day simple moving average is 19.756, while Penguin Solutions Inc (PENG) share price is $28.1, making it a Buy.

Penguin Solutions Inc (PENG) 200-Day simple moving average is 21.814, while Penguin Solutions Inc (PENG) share price is $28.1, making it a Buy.

Penguin Solutions Inc (PENG) 250-Day simple moving average is 21.186, while Penguin Solutions Inc (PENG) share price is $28.1, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for PENG?

The overall technical consensus for Penguin Solutions Inc (PENG) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 6 sell signals.

What are the key support and resistance levels for Penguin Solutions Inc (PENG) today?

Based on pivot point calculations, Penguin Solutions Inc (PENG) has an immediate support level at 20.119 and a major resistance level at 28.641. Traders also monitor the pivot point at 24.144 to determine the intraday trend direction.

Is Penguin Solutions Inc (PENG) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Penguin Solutions Inc (PENG) is currently 81.426. This indicates that the stock is in overbought territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Penguin Solutions Inc (PENG)?

Penguin Solutions Inc (PENG) Moving Averages Convergence Divergence (MACD) indicator is 2.256, suggesting PENG is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Penguin Solutions Inc.

How is Penguin Solutions Inc (PENG) performing relative to its 200-day moving average?

Penguin Solutions Inc (PENG) is currently trading at $28.1, which is above its 200-day simple moving average of 21.814. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.