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PetIQ Inc
Buy, Hold or Sell?

Let's analyse Petiq together

PenkeI guess you are interested in PetIQ Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of PetIQ Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Petiq (30 sec.)










What can you expect buying and holding a share of Petiq? (30 sec.)

How much money do you get?

How much money do you get?
$0.03
When do you have the money?
1 year
How often do you get paid?
21.2%

What is your share worth?

Current worth
$7.64
Expected worth in 1 year
$8.02
How sure are you?
57.6%

+ What do you gain per year?

Total Gains per Share
$0.42
Return On Investment
2.4%

For what price can you sell your share?

Current Price per Share
$17.44
Expected price per share
$14.47 - $22.20
How sure are you?
50%

1. Valuation of Petiq (5 min.)




Live pricePrice per Share (EOD)

$17.44

Intrinsic Value Per Share

$35.03 - $41.76

Total Value Per Share

$42.66 - $49.40

2. Growth of Petiq (5 min.)




Is Petiq growing?

Current yearPrevious yearGrowGrow %
How rich?$222.9m$185.1m$45m19.6%

How much money is Petiq making?

Current yearPrevious yearGrowGrow %
Making money$532.7k-$12.1m$12.7m2,385.1%
Net Profit Margin-0.4%-6.1%--

How much money comes from the company's main activities?

3. Financial Health of Petiq (5 min.)




What can you expect buying and holding a share of Petiq? (5 min.)

Welcome investor! Petiq's management wants to use your money to grow the business. In return you get a share of Petiq.

What can you expect buying and holding a share of Petiq?

First you should know what it really means to hold a share of Petiq. And how you can make/lose money.

Speculation

The Price per Share of Petiq is $17.44. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Petiq.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Petiq, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $7.64. Based on the TTM, the Book Value Change Per Share is $0.10 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.37 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Petiq.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.60-3.4%0.000.0%-0.41-2.4%-0.26-1.5%-0.20-1.1%
Usd Book Value Change Per Share-0.41-2.4%0.100.6%-0.37-2.1%-0.17-1.0%0.231.3%
Usd Dividend Per Share0.030.2%0.010.0%0.000.0%0.000.0%0.171.0%
Usd Total Gains Per Share-0.38-2.2%0.100.6%-0.37-2.1%-0.17-0.9%0.402.3%
Usd Price Per Share19.75-16.52-14.33-24.55-19.88-
Price to Earnings Ratio-8.24-84.60-18.19-24.10--10.30-
Price-to-Total Gains Ratio-52.23-163.51-55.56-30.15-29.52-
Price to Book Ratio2.59-2.18-235.59-49.34-30.75-
Price-to-Total Gains Ratio-52.23-163.51-55.56-30.15-29.52-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share17.44
Number of shares57
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.10-0.17
Usd Total Gains Per Share0.10-0.17
Gains per Quarter (57 shares)5.95-9.44
Gains per Year (57 shares)23.79-37.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1222140-38-48
2444381-77-86
3666621-115-124
4887862-153-162
5101091102-191-200
6121311343-230-238
7131531583-268-276
8151751824-306-314
9171972064-344-352
10192192305-383-390

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%7.05.00.058.3%9.011.00.045.0%13.020.00.039.4%13.020.00.039.4%
Book Value Change Per Share2.02.00.050.0%6.06.00.050.0%10.010.00.050.0%18.012.03.054.5%18.012.03.054.5%
Dividend per Share1.00.03.025.0%4.00.08.033.3%5.00.015.025.0%7.00.026.021.2%7.00.026.021.2%
Total Gains per Share2.02.00.050.0%6.06.00.050.0%10.010.00.050.0%19.011.03.057.6%19.011.03.057.6%

Fundamentals of Petiq

About PetIQ Inc

PetIQ, Inc. operates as a pet medication and wellness company in the United States and internationally. It operates in two segments, Products and Services. The company offers Rx pet medications, which sells flea and tick control, heartworm preventatives, arthritis, thyroid, diabetes and pain treatments, antibiotics, and other specialty medications; and develops and manufactures its own proprietary value-branded products, as well as third-party branded products for dogs and cats. It also provides OTC medications and supplies primarily within the flea and tick control, dog dewormers, and behavior management categories of the health and wellness industry in various forms, such as spot on (topical) treatments, chewables, oral tablets, and collars. In addition, the company offers health and wellness products that include dog and cat treats, oral health solutions, stain and odor treatments, and pet nutritional supplements under the PetArmor®, Rocco & Roxie®, VetIQ®, Minties® and Sentry® brands. It provides its products primarily under the PetIQ, PetArmor, VIP Petcare, VetIQ PetCare, VetIQ, Capstar, Advecta, SENTRY, Sergeants, PurLuv, Rocco & Roxie, Minties, Heart Shield Plus, and TruProfen brand names. In addition, the company operates veterinarian service platform through community clinics, pop-up locations, wellness centers, and permanent locations that offer cost effective and convenient veterinary wellness services, including diagnostic tests, vaccinations, prescription medications, microchipping, grooming and hygiene, and wellness checks; and provides veterinary care services. It operates through veterinarian, retail, and e-commerce channels. PetIQ, Inc. was founded in 2010 and is headquartered in Eagle, Idaho.

Fundamental data was last updated by Penke on 2024-03-22 00:22:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of PetIQ Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Petiq earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Petiq to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Net Profit Margin of -8.0% means that $-0.08 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of PetIQ Inc:

  • The MRQ is -8.0%. The company is making a loss. -1
  • The TTM is -0.4%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ-8.0%TTM-0.4%-7.6%
TTM-0.4%YOY-6.1%+5.7%
TTM-0.4%5Y-4.5%+4.1%
5Y-4.5%10Y-2.9%-1.5%
1.1.2. Return on Assets

Shows how efficient Petiq is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Petiq to the Drug Manufacturers - Specialty & Generic industry mean.
  • -2.0% Return on Assets means that Petiq generated $-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of PetIQ Inc:

  • The MRQ is -2.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-2.0%TTM0.1%-2.1%
TTM0.1%YOY-1,565.3%+1,565.4%
TTM0.1%5Y-313.7%+313.8%
5Y-313.7%10Y-190.1%-123.6%
1.1.3. Return on Equity

Shows how efficient Petiq is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Petiq to the Drug Manufacturers - Specialty & Generic industry mean.
  • -7.9% Return on Equity means Petiq generated $-0.08 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of PetIQ Inc:

  • The MRQ is -7.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 0.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-7.9%TTM0.2%-8.1%
TTM0.2%YOY-5,807.0%+5,807.2%
TTM0.2%5Y-1,163.4%+1,163.5%
5Y-1,163.4%10Y-705.0%-458.4%

1.2. Operating Efficiency of PetIQ Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Petiq is operating .

  • Measures how much profit Petiq makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Petiq to the Drug Manufacturers - Specialty & Generic industry mean.
  • An Operating Margin of 0.9% means the company generated $0.01  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of PetIQ Inc:

  • The MRQ is 0.9%. The company is operating inefficient. -1
  • The TTM is 4.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ0.9%TTM4.9%-4.0%
TTM4.9%YOY1.5%+3.4%
TTM4.9%5Y1.2%+3.7%
5Y1.2%10Y1.7%-0.4%
1.2.2. Operating Ratio

Measures how efficient Petiq is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • An Operation Ratio of 0.99 means that the operating costs are $0.99 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of PetIQ Inc:

  • The MRQ is 0.991. The company is less efficient in keeping operating costs low.
  • The TTM is 0.951. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.991TTM0.951+0.040
TTM0.951YOY0.972-0.022
TTM0.9515Y0.983-0.032
5Y0.98310Y1.132-0.149

1.3. Liquidity of PetIQ Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Petiq is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A Current Ratio of 2.27 means the company has $2.27 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of PetIQ Inc:

  • The MRQ is 2.273. The company is able to pay all its short-term debts. +1
  • The TTM is 2.276. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.273TTM2.276-0.003
TTM2.276YOY2.653-0.377
TTM2.2765Y2.657-0.381
5Y2.65710Y2.883-0.226
1.3.2. Quick Ratio

Measures if Petiq is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Petiq to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Quick Ratio of 1.37 means the company can pay off $1.37 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of PetIQ Inc:

  • The MRQ is 1.366. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.423. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.366TTM1.423-0.057
TTM1.423YOY1.456-0.033
TTM1.4235Y1.548-0.125
5Y1.54810Y1.502+0.046

1.4. Solvency of PetIQ Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Petiq assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Petiq to Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Asset Ratio of 0.74 means that Petiq assets are financed with 74.3% credit (debt) and the remaining percentage (100% - 74.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of PetIQ Inc:

  • The MRQ is 0.743. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.735. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.743TTM0.735+0.008
TTM0.735YOY0.719+0.017
TTM0.7355Y0.636+0.099
5Y0.63610Y0.562+0.074
1.4.2. Debt to Equity Ratio

Measures if Petiq is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Petiq to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Equity ratio of 291.7% means that company has $2.92 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of PetIQ Inc:

  • The MRQ is 2.917. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.802. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.917TTM2.802+0.115
TTM2.802YOY2.593+0.209
TTM2.8025Y2.058+0.744
5Y2.05810Y1.637+0.421

2. Market Valuation of PetIQ Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Petiq generates.

  • Above 15 is considered overpriced but always compare Petiq to the Drug Manufacturers - Specialty & Generic industry mean.
  • A PE ratio of -8.24 means the investor is paying $-8.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of PetIQ Inc:

  • The EOD is -7.280. Based on the earnings, the company is expensive. -2
  • The MRQ is -8.245. Based on the earnings, the company is expensive. -2
  • The TTM is 84.601. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.280MRQ-8.245+0.964
MRQ-8.245TTM84.601-92.845
TTM84.601YOY18.192+66.408
TTM84.6015Y24.103+60.498
5Y24.10310Y-10.301+34.404
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of PetIQ Inc:

  • The EOD is -22.019. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -24.935. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.531. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-22.019MRQ-24.935+2.916
MRQ-24.935TTM-5.531-19.404
TTM-5.531YOY-1.691-3.840
TTM-5.5315Y-4.599-0.932
5Y-4.59910Y-0.573-4.026
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Petiq is to cheap or to expensive compared to its book value.

Let's take a look of the Price to Book Ratio trends of PetIQ Inc:

  • The EOD is 2.284. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.586. Based on the equity, the company is underpriced. +1
  • The TTM is 2.183. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.284MRQ2.586-0.302
MRQ2.586TTM2.183+0.403
TTM2.183YOY235.594-233.411
TTM2.1835Y49.338-47.155
5Y49.33810Y30.749+18.589
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of PetIQ Inc.

3.1. Institutions holding PetIQ Inc

Institutions are holding 99.606% of the shares of PetIQ Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31BlackRock Inc9.97220.001529118622181278.0976
2023-12-31Vanguard Group Inc7.35540.0009214775922925911.9499
2023-12-31Goldman Sachs Group Inc7.09790.003720725841145162123.478
2023-12-31Eos Management LP6.755817.2353197268700
2023-12-31Aristotle Capital Boston, LLC4.41240.77781288415115070.9012
2023-12-31Dimensional Fund Advisors, Inc.3.72130.0063108662513245013.8811
2023-12-31Boston Partners Global Investors, Inc3.42430.0257999880-51138-4.8656
2023-12-31Nepsis, Inc.3.09525.0833903778-49474-5.19
2023-12-31Driehaus Capital Management LLC2.50740.174273215523553547.4276
2023-12-31Applied Fundamental Research, LLC2.24059.3249654226-132742-16.8675
2023-12-31Ensign Peak Advisors Inc2.20350.0252643414-78290-10.8479
2023-12-31Thornburg Investment Management Inc2.19840.1827641924-63823-9.0433
2023-12-31State Street Corporation2.10670.00066151616748412.3219
2023-12-31Geode Capital Management, LLC1.97550.0012576833282945.1581
2023-12-31Man Group PLC1.70110.0273496718390712368.5754
2023-12-31Marshall Wace Asset Management Ltd1.69920.0166496173-31072-5.8933
2023-12-31Citigroup Inc1.6390.006747857789201.8993
2023-12-31Nuveen Asset Management, LLC1.52760.0028446051-5624-1.2451
2023-12-31Morgan Stanley - Brokerage Accounts1.4560.0007425157300878242.0988
2023-12-31Renaissance Technologies Corp1.45130.01342378410854034.4305
Total 68.540732.910420013763+2464705+12.3%

3.2. Funds holding PetIQ Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Vanguard Total Stock Mkt Idx Inv2.82470.001824796-42500-4.9003
2024-02-29iShares Russell 2000 ETF2.27840.0194665289-109-0.0164
2024-01-31Thornburg Small/Mid Cap Core Composite2.09082.1624610515-11021-1.7732
2024-01-31Thornburg Small/Mid Cap Core A2.09082.1556610515-11021-1.7732
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr1.31950.0069385288-492-0.1275
2024-01-31CREF Stock R11.16590.005234043000
2024-01-31Allianz Pet and Animal Wlb P10 USD1.10161.1402321667-7078-2.153
2023-12-31Oberweis Micro-Cap1.04251.33063044008480038.6157
2024-01-31ERSTE FUTURE INVEST EUR R01 A1.03530.901730231900
2023-12-31Fidelity Small Cap Index0.93080.021127178729741.1063
2023-12-31Bridgeway Small Cap Value0.80070.8037233816-26300-10.1109
2023-12-31Bridgeway Small-Cap Value0.80070.796233816-26300-10.1109
2024-01-31DFA US Targeted Value I0.77810.031722719700
2023-09-30Oberweis Micro-Cap Growth0.75211.08552196002196000
2024-01-31Heptagon Driehaus US Micro Cap Eq C$ Acc0.72830.5087212648-77076-26.6032
2024-02-29iShares Russell 2000 Growth ETF0.68370.032199651-232-0.1161
2024-01-31BlackRock Advantage Small Cap Core Instl0.67190.098719618900
2024-01-31AB Small Cap Core Z0.66590.52919443031011.6208
2024-02-29State St Russell Sm/Mid Cp® Indx NL Cl C0.59080.007517252626001.5301
2024-01-31Raiffeisen-MegaTrends--ESG-Aktien R A0.59070.436317249000
Total 22.943212.07326699369+110946+1.7%

3.3. Insider Transactions

Insiders are holding 7.002% of the shares of PetIQ Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2022-06-14Allan HallBUY60015.08
2022-05-24Zvi GlasmanBUY580013.73
2022-05-23Michael A SmithBUY360014.06
2022-05-20Michael A SmithBUY140014.06
2021-12-17Susan SholtisBUY475020.85
2021-12-14Michael A SmithBUY1000021.4
2021-12-14Robert Michael HerrmanBUY233321.51
2021-12-01Mccord ChristensenBUY5000020.09
2021-11-11Michael A SmithBUY400022.62
2021-07-21John NewlandSELL450036.69
2021-06-21John NewlandSELL450040
2021-06-14Ronald KennedySELL3000039.43 
2021-06-11Michael A. SmithSELL1347039.53
2021-06-09Ronald KennedySELL1000038.71
2021-05-24Susan SholtisSELL248241.02
2021-05-21John NewlandSELL450040.1 
2021-05-19Michael A SmithSELL1694740.11
2021-05-17Mccord ChristensenSELL9857940.07
2021-05-14Michael A SmithSELL108540
2021-05-13Mccord ChristensenSELL191440

4. Summary

4.1. Key Performance Indicators

The key performance indicators of PetIQ Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.4120.096-529%-0.372-10%-0.168-59%0.231-278%
Book Value Per Share--7.6377.510+2%6.324+21%9.045-16%7.044+8%
Current Ratio--2.2732.2760%2.653-14%2.657-14%2.883-21%
Debt To Asset Ratio--0.7430.735+1%0.719+3%0.636+17%0.562+32%
Debt To Equity Ratio--2.9172.802+4%2.593+12%2.058+42%1.637+78%
Dividend Per Share--0.0340.008+300%-+100%0.002+1457%0.167-80%
Eps---0.5990.003-17278%-0.413-31%-0.261-56%-0.197-67%
Free Cash Flow Per Share---0.1980.508-139%0.310-164%-0.042-79%-0.055-72%
Free Cash Flow To Equity Per Share---0.2790.426-166%0.193-244%0.453-162%0.438-164%
Gross Profit Margin--1.0001.0000%1.730-42%1.146-13%1.058-5%
Intrinsic Value_10Y_max--41.763--------
Intrinsic Value_10Y_min--35.027--------
Intrinsic Value_1Y_max--1.468--------
Intrinsic Value_1Y_min--1.440--------
Intrinsic Value_3Y_max--6.481--------
Intrinsic Value_3Y_min--6.145--------
Intrinsic Value_5Y_max--13.990--------
Intrinsic Value_5Y_min--12.807--------
Market Cap509244512.000-13%576696050.000502675290.000+15%419494416.500+37%721213864.700-20%583239886.727-1%
Net Profit Margin---0.080-0.004-95%-0.061-23%-0.045-44%-0.029-63%
Operating Margin--0.0090.049-82%0.015-43%0.012-29%0.017-46%
Operating Ratio--0.9910.951+4%0.972+2%0.983+1%1.132-12%
Pb Ratio2.284-13%2.5862.183+18%235.594-99%49.338-95%30.749-92%
Pe Ratio-7.280+12%-8.24584.601-110%18.192-145%24.103-134%-10.301+25%
Price Per Share17.440-13%19.75016.515+20%14.328+38%24.552-20%19.885-1%
Price To Free Cash Flow Ratio-22.019+12%-24.935-5.531-78%-1.691-93%-4.599-82%-0.573-98%
Price To Total Gains Ratio-46.118+12%-52.226163.514-132%55.563-194%30.147-273%29.519-277%
Quick Ratio--1.3661.423-4%1.456-6%1.548-12%1.502-9%
Return On Assets---0.0200.001-3634%-15.653+77617%-3.137+15476%-1.901+9339%
Return On Equity---0.0790.002-4489%-58.070+73360%-11.634+14617%-7.050+8818%
Total Gains Per Share---0.3780.104-462%-0.372-2%-0.166-56%0.399-195%
Usd Book Value--222998000.000230230250.000-3%185152078.000+20%266389365.600-16%207062827.636+8%
Usd Book Value Change Per Share---0.4120.096-529%-0.372-10%-0.168-59%0.231-278%
Usd Book Value Per Share--7.6377.510+2%6.324+21%9.045-16%7.044+8%
Usd Dividend Per Share--0.0340.008+300%-+100%0.002+1457%0.167-80%
Usd Eps---0.5990.003-17278%-0.413-31%-0.261-56%-0.197-67%
Usd Free Cash Flow---5782000.00013185500.000-144%9012750.000-164%-1560900.000-73%-1817878.788-69%
Usd Free Cash Flow Per Share---0.1980.508-139%0.310-164%-0.042-79%-0.055-72%
Usd Free Cash Flow To Equity Per Share---0.2790.426-166%0.193-244%0.453-162%0.438-164%
Usd Market Cap509244512.000-13%576696050.000502675290.000+15%419494416.500+37%721213864.700-20%583239886.727-1%
Usd Price Per Share17.440-13%19.75016.515+20%14.328+38%24.552-20%19.885-1%
Usd Profit---17487000.000532750.000-3382%-12174000.000-30%-7572350.000-57%-4575393.939-74%
Usd Revenue--219927000.000275491000.000-20%230378250.000-5%222274350.000-1%166069333.333+32%
Usd Total Gains Per Share---0.3780.104-462%-0.372-2%-0.166-56%0.399-195%
 EOD+3 -5MRQTTM+9 -26YOY+13 -235Y+8 -2810Y+10 -26

4.2. Fundamental Score

Let's check the fundamental score of PetIQ Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-7.280
Price to Book Ratio (EOD)Between0-12.284
Net Profit Margin (MRQ)Greater than0-0.080
Operating Margin (MRQ)Greater than00.009
Quick Ratio (MRQ)Greater than11.366
Current Ratio (MRQ)Greater than12.273
Debt to Asset Ratio (MRQ)Less than10.743
Debt to Equity Ratio (MRQ)Less than12.917
Return on Equity (MRQ)Greater than0.15-0.079
Return on Assets (MRQ)Greater than0.05-0.020
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of PetIQ Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.371
Ma 20Greater thanMa 5016.803
Ma 50Greater thanMa 10017.614
Ma 100Greater thanMa 20018.124
OpenGreater thanClose17.940
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Tax Provision  846-398448-25619291283-1,379-1,096
Income Tax Expense  845-397448-25619291283-1,379-1,096



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets868,226
Total Liabilities645,228
Total Stockholder Equity221,213
 As reported
Total Liabilities 645,228
Total Stockholder Equity+ 221,213
Total Assets = 868,226

Assets

Total Assets868,226
Total Current Assets430,834
Long-term Assets437,392
Total Current Assets
Cash And Cash Equivalents 116,369
Net Receivables 142,511
Inventory 159,309
Other Current Assets 12,645
Total Current Assets  (as reported)430,834
Total Current Assets  (calculated)430,834
+/-0
Long-term Assets
Property Plant Equipment 76,176
Goodwill 199,404
Intangible Assets 159,729
Long-term Assets Other 2,083
Long-term Assets  (as reported)437,392
Long-term Assets  (calculated)437,392
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities189,529
Long-term Liabilities455,699
Total Stockholder Equity221,213
Total Current Liabilities
Short-term Debt 16,203
Short Long Term Debt 8,595
Accounts payable 139,264
Other Current Liabilities 34,062
Total Current Liabilities  (as reported)189,529
Total Current Liabilities  (calculated)198,124
+/- 8,595
Long-term Liabilities
Long term Debt 437,820
Capital Lease Obligations 21,887
Long-term Liabilities Other 3,600
Long-term Liabilities  (as reported)455,699
Long-term Liabilities  (calculated)463,307
+/- 7,608
Total Stockholder Equity
Common Stock29
Retained Earnings -160,602
Accumulated Other Comprehensive Income -1,706
Other Stockholders Equity 383,492
Total Stockholder Equity (as reported)221,213
Total Stockholder Equity (calculated)221,213
+/-0
Other
Capital Stock29
Cash and Short Term Investments 116,369
Common Stock Shares Outstanding 29,193
Liabilities and Stockholders Equity 868,226
Net Debt 351,933
Net Invested Capital 667,628
Net Working Capital 241,305
Property Plant and Equipment Gross 130,580
Short Long Term Debt Total 468,302



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-31
> Total Assets 
92,335
0
0
0
81,330
106,706
104,365
145,042
140,845
402,402
399,859
409,429
495,434
535,253
523,844
690,084
672,728
776,992
867,030
778,107
771,592
852,504
843,255
826,558
819,587
924,434
855,035
792
818,896
867,715
883,470
857,089
868,226
868,226857,089883,470867,715818,896792855,035924,434819,587826,558843,255852,504771,592778,107867,030776,992672,728690,084523,844535,253495,434409,429399,859402,402140,845145,042104,365106,70681,33000092,335
   > Total Current Assets 
60,318
0
0
0
56,537
82,359
79,549
109,753
108,875
148,519
147,449
136,265
207,721
236,685
223,000
213,417
185,423
286,430
383,156
247,984
242,296
325,923
317,245
302,745
298,689
408,024
343,627
336
370,112
397,152
422,442
410,661
430,834
430,834410,661422,442397,152370,112336343,627408,024298,689302,745317,245325,923242,296247,984383,156286,430185,423213,417223,000236,685207,721136,265147,449148,519108,875109,75379,54982,35956,53700060,318
       Cash And Cash Equivalents 
3,250
0
0
0
767
1,376
1,048
46,536
37,896
4,714
11,672
4,482
66,360
54,367
36,564
10,455
27,272
28,108
117,023
57,753
33,456
11,064
27,163
63,174
79,406
51,104
5,396
57
101,265
25,410
78,437
124,614
116,369
116,369124,61478,43725,410101,265575,39651,10479,40663,17427,16311,06433,45657,753117,02328,10827,27210,45536,56454,36766,3604,48211,6724,71437,89646,5361,0481,3767670003,250
       Net Receivables 
14,512
0
0
0
17,195
27,327
31,741
24,841
21,759
58,962
50,910
53,594
45,007
65,466
85,129
98,788
71,377
131,541
145,323
100,826
102,755
175,186
159,800
124,270
113,947
179,058
168,831
125
118,004
203,325
193,570
151,680
142,511
142,511151,680193,570203,325118,004125168,831179,058113,947124,270159,800175,186102,755100,826145,323131,54171,37798,78885,12965,46645,00753,59450,91058,96221,75924,84131,74127,32717,19500014,512
       Inventory 
33,685
0
0
0
34,232
48,054
42,805
34,654
44,056
79,239
81,208
76,576
92,142
112,539
98,433
97,967
79,703
118,738
111,300
83,880
97,773
130,523
118,389
108,144
96,440
167,714
160,064
147
142,605
158,087
141,647
128,126
159,309
159,309128,126141,647158,087142,605147160,064167,71496,440108,144118,389130,52397,77383,880111,300118,73879,70397,96798,433112,53992,14276,57681,20879,23944,05634,65442,80548,05434,23200033,685
       Other Current Assets 
8,871
0
0
0
1,358
3,041
1,927
1,471
1,991
3,389
1,967
1,594
4,212
4,313
2,874
6,207
7,071
8,043
9,510
5,525
8,312
9,150
11,893
7,157
8,896
10,148
9,336
7
8,238
10,330
8,788
6,241
12,645
12,6456,2418,78810,3308,23879,33610,1488,8967,15711,8939,1508,3125,5259,5108,0437,0716,2072,8744,3134,2121,5941,9673,3891,9911,4711,9273,0411,3580008,871
   > Long-term Assets 
0
0
0
0
24,793
24,347
24,816
35,289
31,970
253,883
252,410
273,164
287,713
298,568
300,844
476,667
487,305
490,562
483,874
530,123
529,296
526,581
526,010
523,813
520,898
516,410
511,407
456
448,784
470,563
461,028
446,428
437,392
437,392446,428461,028470,563448,784456511,407516,410520,898523,813526,010526,581529,296530,123483,874490,562487,305476,667300,844298,568287,713273,164252,410253,88331,97035,28924,81624,34724,7930000
       Property Plant Equipment 
12,960
0
0
0
13,044
12,842
12,562
14,865
15,000
25,275
25,833
25,036
27,335
36,671
38,293
67,802
73,310
74,822
77,239
79,907
83,268
88,954
92,456
95,286
97,102
97,356
97,365
94
91,626
88,318
85,216
75,216
76,176
76,17675,21685,21688,31891,6269497,36597,35697,10295,28692,45688,95483,26879,90777,23974,82273,31067,80238,29336,67127,33525,03625,83325,27515,00014,86512,56212,84213,04400012,960
       Goodwill 
5,580
0
0
0
4,619
4,697
4,899
5,063
5,064
117,389
118,335
118,408
125,029
125,279
125,040
231,764
231,045
230,702
230,658
230,872
231,158
231,202
231,367
231,083
231,110
230,973
230,594
183
183,306
203,573
204,204
204,195
199,404
199,404204,195204,204203,573183,306183230,594230,973231,110231,083231,367231,202231,158230,872230,658230,702231,045231,764125,040125,279125,029118,408118,335117,3895,0645,0634,8994,6974,6190005,580
       Intangible Assets 
11,156
0
0
0
4,054
3,849
3,699
3,522
3,266
92,036
86,714
85,431
88,546
87,366
85,995
121,721
119,956
117,621
115,362
217,367
213,000
204,589
200,006
195,310
190,662
186,111
181,566
177
172,479
176,145
169,182
164,644
159,729
159,729164,644169,182176,145172,479177181,566186,111190,662195,310200,006204,589213,000217,367115,362117,621119,956121,72185,99587,36688,54685,43186,71492,0363,2663,5223,6993,8494,05400011,156
       Long-term Assets Other 
0
0
0
0
3,076
2,959
3,656
2,132
2,646
3,092
2,933
3,188
2,857
2,667
2,896
1,966
3,214
3,268
1,955
1,977
1,870
1,836
2,181
2,134
2,024
1,970
1,882
1
1,373
2,527
2,426
2,373
2,083
2,0832,3732,4262,5271,37311,8821,9702,0242,1342,1811,8361,8701,9771,9553,2683,2141,9662,8962,6672,8573,1882,9333,0922,6462,1323,6562,9593,0760000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
9,707
5,994
16,091
18,595
41,101
43,946
46,585
48,620
53,414
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000053,41448,62046,58543,94641,10118,59516,0915,9949,7070000000
> Total Liabilities 
46,060
0
0
0
40,348
61,307
52,523
36,741
36,001
202,088
190,851
170,911
174,456
206,671
185,666
354,211
344,418
445,489
503,939
476,131
477,570
595,816
573,631
563,367
564,367
663,275
587,594
576
607,103
644,566
647,867
617,918
645,228
645,228617,918647,867644,566607,103576587,594663,275564,367563,367573,631595,816477,570476,131503,939445,489344,418354,211185,666206,671174,456170,911190,851202,08836,00136,74152,52361,30740,34800046,060
   > Total Current Liabilities 
11,165
0
0
0
13,075
16,211
18,743
15,945
18,191
63,304
73,898
54,326
64,196
82,015
75,027
79,788
73,014
100,491
125,229
101,081
101,098
132,682
99,175
105,014
98,102
173,415
119,170
116
149,490
186,187
191,704
164,641
189,529
189,529164,641191,704186,187149,490116119,170173,41598,102105,01499,175132,682101,098101,081125,229100,49173,01479,78875,02782,01564,19654,32673,89863,30418,19115,94518,74316,21113,07500011,165
       Short-term Debt 
98
0
0
0
2,321
2,541
2,553
145
151
2,132
2,033
1,973
2,251
5,308
5,644
8,249
8,440
8,611
8,572
12,435
12,709
11,903
14,574
13,388
14,850
14,458
14,780
8,491
15,346
15,085
14,363
14,982
16,203
16,20314,98214,36315,08515,3468,49114,78014,45814,85013,38814,57411,90312,70912,4358,5728,6118,4408,2495,6445,3082,2511,9732,0332,1321511452,5532,5412,32100098
       Short Long Term Debt 
98
0
0
0
2,223
45,943
35,983
44
44
795
795
795
796
2,446
2,338
3,504
3,821
3,841
3,855
7,717
7,794
6,752
9,143
7,497
8,350
8,411
8,446
8,491
8,751
8,675
8,152
8,105
8,595
8,5958,1058,1528,6758,7518,4918,4468,4118,3507,4979,1436,7527,7947,7173,8553,8413,8213,5042,3382,446796795795795444435,98345,9432,22300098
       Accounts payable 
9,210
0
0
0
9,333
12,502
12,857
11,860
14,234
55,370
65,291
46,306
54,768
71,023
61,234
58,743
51,538
78,733
91,492
65,352
68,131
101,033
61,653
62,510
55,057
128,913
81,093
73
112,995
150,012
154,141
113,449
139,264
139,264113,449154,141150,012112,9957381,093128,91355,05762,51061,653101,03368,13165,35291,49278,73351,53858,74361,23471,02354,76846,30665,29155,37014,23411,86012,85712,5029,3330009,210
       Other Current Liabilities 
1,802
0
0
0
1,421
1,168
3,333
4,069
3,806
5,802
6,574
6,047
7,177
2,862
8,149
12,796
13,036
13,147
25,165
23,294
20,258
19,746
22,948
29,116
28,195
30,044
23,297
34
21,149
21,090
23
36,210
34,062
34,06236,2102321,09021,1493423,29730,04428,19529,11622,94819,74620,25823,29425,16513,14713,03612,7968,1492,8627,1776,0476,5745,8023,8064,0693,3331,1681,4210001,802
   > Long-term Liabilities 
0
0
0
0
27,273
45,096
33,780
20,796
17,810
138,784
116,953
116,585
110,260
124,656
110,639
274,423
271,404
344,998
378,710
375,050
376,472
463,134
474,456
458,353
466,265
489,860
468,424
460
457,613
458,379
456,163
453,277
455,699
455,699453,277456,163458,379457,613460468,424489,860466,265458,353474,456463,134376,472375,050378,710344,998271,404274,423110,639124,656110,260116,585116,953138,78417,81020,79633,78045,09627,2730000
       Long term Debt Total 
0
0
0
0
0
0
0
20,331
17,572
128,906
109,050
109,018
109,737
117,218
101,491
256,624
254,707
328,657
357,795
355,495
355,979
443,139
454,588
438,406
448,470
472,945
450,904
444,598
443,276
441,938
440,582
0
0
00440,582441,938443,276444,598450,904472,945448,470438,406454,588443,139355,979355,495357,795328,657254,707256,624101,491117,218109,737109,018109,050128,90617,57220,3310000000
       Capital Lease Obligations Min Short Term Debt
-98
0
0
0
-2,321
-2,541
-2,553
258
238
-141
-387
-597
68
-5,308
8,325
15,936
16,090
15,667
14,537
10,873
11,333
11,990
9,007
10,738
8,986
8,053
8,643
13,261
4,561
2,984
2,642
1,295
5,684
5,6841,2952,6422,9844,56113,2618,6438,0538,98610,7389,00711,99011,33310,87314,53715,66716,09015,9368,325-5,30868-597-387-141238258-2,553-2,541-2,321000-98
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
9,707
5,994
16,091
18,595
41,101
43,946
46,585
48,620
53,414
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000053,41448,62046,58543,94641,10118,59516,0915,9949,7070000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
336
238
9,878
7,903
7,567
524
268
254
238
117
58
2,523
19,555
20,524
19,995
1,718
19,947
17,795
16,915
17,520
15,897
14,337
16,441
4,787
4,667
3,600
3,6004,6674,78716,44114,33715,89717,52016,91517,79519,9471,71819,99520,52419,5552,523581172382542685247,5677,9039,8782383360000000
       Deferred Long Term Liability 
64
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000064
> Total Stockholder Equity
46,297
0
0
0
41,001
45,420
51,864
70,303
66,714
131,817
141,969
187,881
256,482
268,164
282,021
286,263
283,114
293,241
322,925
258,001
262,408
248,390
265,910
260,639
252,826
258,897
265,121
213
209,924
221,292
233,636
237,181
221,213
221,213237,181233,636221,292209,924213265,121258,897252,826260,639265,910248,390262,408258,001322,925293,241283,114286,263282,021268,164256,482187,881141,969131,81766,71470,30351,86445,42041,00100046,297
   Common Stock
46,339
0
0
0
42,941
20
0
21
21
24
25
26
29
28
29
28
28
28
28
28
29
29
29
29
29
29
29
0
29
29
29
29
29
29292929290292929292929292828282828292829262524212102042,94100046,339
   Retained Earnings Total Equity
0
0
0
0
0
0
0
-226
-3,493
-5,696
-3,197
-976
-4,450
-2,839
976
-4,914
-15,903
-18,006
-19,897
-82,959
-93,377
-96,525
-92,499
-100,401
-114,525
-111,394
-106,762
-155,898
-162,733
-153,034
-143,566
0
0
00-143,566-153,034-162,733-155,898-106,762-111,394-114,525-100,401-92,499-96,525-93,377-82,959-19,897-18,006-15,903-4,914976-2,839-4,450-976-3,197-5,696-3,493-2260000000
   Accumulated Other Comprehensive Income -1,706-1,715-1,990-2,275-2,224-3-2,203-1,136-684-825-126-500-686-1,247-1,774-1,655-1,131-1,661-1,327-941-1,316-1,049-913-427-687-684-1,425-1,799-1,9400000
   Capital Surplus 
0
0
0
0
0
0
0
71,192
70,873
137,916
146,054
189,880
262,219
271,916
282,343
292,810
300,120
312,874
344,270
349,524
356,442
345,386
358,506
361,836
368,006
371,398
374,057
376,277
378,709
380,429
383,020
0
0
00383,020380,429378,709376,277374,057371,398368,006361,836358,506345,386356,442349,524344,270312,874300,120292,810282,343271,916262,219189,880146,054137,91670,87371,1920000000
   Treasury Stock000000000000000000000000000000000
   Other Stockholders Equity 
-42
0
0
0
1,940
1,799
1,425
71,192
70,873
137,916
146,054
189,880
262,219
271,916
282,343
292,810
300,120
312,874
344,270
349,524
356,442
345,386
358,506
361,836
368,006
371,398
374,057
372
374,852
376,572
379
381,982
383,492
383,492381,982379376,572374,852372374,057371,398368,006361,836358,506345,386356,442349,524344,270312,874300,120292,810282,343271,916262,219189,880146,054137,91670,87371,1921,4251,7991,940000-42



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,101,963
Cost of Revenue-849,223
Gross Profit252,740252,740
 
Operating Income (+$)
Gross Profit252,740
Operating Expense-192,725
Operating Income60,01560,015
 
Operating Expense (+$)
Research Development1,100
Selling General Administrative196,236
Selling And Marketing Expenses0
Operating Expense192,725197,336
 
Net Interest Income (+$)
Interest Income0
Interest Expense-34,547
Other Finance Cost-0
Net Interest Income-34,547
 
Pretax Income (+$)
Operating Income60,015
Net Interest Income-34,547
Other Non-Operating Income Expenses0
Income Before Tax (EBT)2,366117,664
EBIT - interestExpense = 25,468
1,958
36,678
Interest Expense34,547
Earnings Before Interest and Taxes (EBIT)60,01536,913
Earnings Before Interest and Taxes (EBITDA)104,588
 
After tax Income (+$)
Income Before Tax2,366
Tax Provision-1,769
Net Income From Continuing Ops2,539597
Net Income2,131
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,041,948
Total Other Income/Expenses Net-57,64934,547
 

Technical Analysis of Petiq
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Petiq. The general trend of Petiq is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Petiq's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of PetIQ Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 19.69 < 20.36 < 22.20.

The bearish price targets are: 15.57 > 15.09 > 14.47.

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PetIQ Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of PetIQ Inc. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

PetIQ Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of PetIQ Inc. The current macd is -0.06651321.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Petiq price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Petiq. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Petiq price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
PetIQ Inc Daily Moving Average Convergence/Divergence (MACD) ChartPetIQ Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of PetIQ Inc. The current adx is 13.58.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Petiq shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
PetIQ Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of PetIQ Inc. The current sar is 15.93.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
PetIQ Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of PetIQ Inc. The current rsi is 52.37. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
PetIQ Inc Daily Relative Strength Index (RSI) ChartPetIQ Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of PetIQ Inc. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Petiq price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
PetIQ Inc Daily Stochastic Oscillator ChartPetIQ Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of PetIQ Inc. The current cci is 86.47.

PetIQ Inc Daily Commodity Channel Index (CCI) ChartPetIQ Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of PetIQ Inc. The current cmo is 11.19.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
PetIQ Inc Daily Chande Momentum Oscillator (CMO) ChartPetIQ Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of PetIQ Inc. The current willr is -24.19354839.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Petiq is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
PetIQ Inc Daily Williams %R ChartPetIQ Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of PetIQ Inc.

PetIQ Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of PetIQ Inc. The current atr is 0.67530361.

PetIQ Inc Daily Average True Range (ATR) ChartPetIQ Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of PetIQ Inc. The current obv is -4,452,424.

PetIQ Inc Daily On-Balance Volume (OBV) ChartPetIQ Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of PetIQ Inc. The current mfi is 64.28.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
PetIQ Inc Daily Money Flow Index (MFI) ChartPetIQ Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for PetIQ Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-31SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

PetIQ Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of PetIQ Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.371
Ma 20Greater thanMa 5016.803
Ma 50Greater thanMa 10017.614
Ma 100Greater thanMa 20018.124
OpenGreater thanClose17.940
Total3/5 (60.0%)
Penke

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