Note: First Strait Signal entry for PANL. Trend intact, price ($7.42) above both the 50 SMA ($7.28) and 250 SMA ($6.90) — though the margin above the 50-day is thin. Momentum is broken down — MACD below signal, ROC negative at -0.54 — netting zero on that category. ADX at 16.54 shows no trend-strength conviction. Volatility reads stable.

Pangaea Logistics opens at Orange, the weakest of the sector's clean-trend names. Price holds above both moving averages but only by a thin margin over the 50-day, and momentum has already turned — MACD sits below its signal line and ROC has slipped into negative territory, a genuine if shallow reversal. ADX at 16.54 offers no trend-strength support either way. With trend the only fully-scoring category and by a slim margin, this is a name worth watching closely for a possible break below the 50-day.