PennyMac Financial Services (PFSI) is a mortgage lender and its charts have been in an upward trend since making a low in October. Let's check and see if the trend will continue and if we can see any price targets.
In this daily bar chart of PFSI, below, I can see that prices have been climbing higher since October. Prices successfully tested the rising 200-day moving average line in March and May. Today, PFSI trades above the rising 50-day moving average line and above the rising 200-day moving average line.
The On-Balance-Volume (OBV) line has moved up and down the past 12 months but has been going up since early May. The trend-following Moving Average Convergence Divergence (MACD) oscillator is in a bullish alignment.