Pudgy Penguins (PENGU) is currently priced at $0.01153456, reflecting a modest 24-hour change of 0.16257%. The daily trading range has remained tight, with a high of $0.01182941 and a low of $0.0111288, indicating low volatility in the short term.

The volume stands at 134,018,614, translating to a volume-to-market cap ratio of 18.47%, suggesting a healthy level of trading activity relative to its market capitalization. However, the current price is significantly lower than its all-time high of $0.068447, which could indicate a substantial downside risk based on historical performance.

In terms of moving averages, the 8-period SMA is slightly positive at $0.0115, while the 13-period SMA shows a slight decline of 0.25%. The 21-period SMA is also flat, but the longer 55-period and 144-period SMAs show more promising gains of 2.17% and 7.16%, respectively, suggesting potential for recovery over the longer term.

Technical indicators reveal a current 1-hour RSI of 38, indicating that PENGU may be oversold in the short term, while the 7-day RSI at 54 suggests neutral momentum. Conversely, the 7-day and 14-day price changes are negative at -1.37% and -17.96%, respectively, indicating a bearish trend over the last two weeks.

Overall, the technical analysis presents a mixed picture, with short-term indicators suggesting possible oversold conditions, while longer-term trends remain bearish with significant price declines. Given the current market dynamics, I recommend a Hold rating for Pudgy Penguins, as the recent stability in price could present a potential opportunity for recovery, but caution is warranted due to the ongoing downtrend over the past month.