NYSE
On the weekly chart, NasdaqScan last detected a sideways range retest in PNNT in the week of 1 Mar 2020.
Since 2018, NasdaqScan has found 4 sideways ranges in PNNT. Completed ranges lasted 543 days on average, from 371 to 770 days. Of those 4, 2 broke upward and 2 broke downward.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 18 Feb 2024 | 29 Mar 2026 (770 days) | Broke below the range at $4.29 | — | |
| 30 Apr 2023 | 7 Jul 2024 (434 days) | Broke above the range at $8.04 | — | |
| 7 Jun 2020 | 13 Jun 2021 (371 days) | Broke above the range at $7.41 | — | |
| 2 Dec 2018 | 19 Jul 2020 (595 days) | Broke below the range at $3.00 | 1 Mar 2020 (Go ahead) |
All NYSE stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.