Should You Buy Petmed Express Inc (PETS) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Petmed Express Inc (PETS) is not a good buy for a beginner, long-term investor at the moment. The company's financial performance is deteriorating significantly, and there are no strong positive catalysts or trading signals to justify an immediate investment. The technical indicators and options data do not suggest a favorable entry point either.
Technical Analysis
The MACD is negative and expanding downward (-0.0481), indicating bearish momentum. RSI is neutral at 44.48, showing no clear signal. Moving averages are converging, suggesting indecision in price movement. Key support is at 3.265, and resistance is at 3.487. The stock is trading below the pivot level of 3.376, which is a bearish sign.