Following these proceedings, Deutsche Bank initiated its Pony AI Inc. ADR [PONY] rating to a Buy in a research note published on January 14, 2025; the price target was $20. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in late December with a ‘”a Buy”‘ rating. BofA Securities began covering PONY with “Buy” recommendation on December 23, 2024.
Price Performance Review of PONY
On Monday, Pony AI Inc. ADR [NASDAQ:PONY] saw its stock fall -6.70% to $4.18. Over the last five days, the stock has lost -21.13%. Pony AI Inc. ADR shares have fallen nearly -70.87% since the year began.
Levels Of Support And Resistance For PONY Stock
The 24-hour chart illustrates a support level at 4.03, which if violated will result in even more drops to 3.88. On the upside, there is a resistance level at 4.42. A further resistance level may holdings at 4.66. The Relative Strength Index (RSI) on the 14-day chart is 21.95, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.74%. Stochastics %K at 0.72% indicates the stock is a buying.
How much short interest is there in Pony AI Inc. ADR?
A steep rise in short interest was recorded in Pony AI Inc. ADR stocks on 2025-03-31, growing by 0.23 million shares to a total of 3.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.87 million shares. There was a rise of 7.39%, which implies that there is a positive sentiment for the stock.
