Red List

PWPPerella Weinberg Partners

Financial Services · Capital Markets · small-cap ($1.9B)
-32.4%
from rolling 252-day high of $25.93 set 2026-02-09 · 108d ago
Current
$17.53
Decline depth
-32.4%
Decline σ
6.9σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$PWP landed on the list 2026-03-10, down 34.8% from its 52-week high that day — now down -32.4%.

That's 1.3 percentage points deeper than the day it joined. It bottomed 43.3% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-10 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

PWP qualifies for the Red List on decline depth.

Decline depth
-32.4%
From rolling 252-day high of $25.93, 108d ago. Past the 30% Amber threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
6.9σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (3.52% per day). Past the ≥6σ Amber threshold.

The structural read

What price action says about PWP.

PWP qualifies for the Red List on decline depth — down -32.4% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.

Cross-confirmation: also showing 3/5 bearish time frames.

Cross-confirmation: decline sigma also reads 6.9σ over 20 bars.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 2U (red), monthly 1 (red).

Earnings on file: 2026-05-01. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $15.74 17.6% of range 52W high $25.93

Sector context · Financial Services

104 other Financial Services tickers are on Broken Stocks.

49 Red List
35 Amber
20 Watch
-34.1% Median decline

Worst in sector: CD (-76.4%). Least-bad: SCHW (-20.1%). See all Financial Services listings →

Questions about PWP

What people ask.

Why is PWP on Broken Stocks?

PWP qualifies for the Red List on decline depth. It is down -32.4% from its rolling 252-day high of $25.93, set on 2026-02-09 — 108d ago.

Is PWP a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. PWP is down -32.4% from its 52-week high of $25.93, set 108d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.

Is PWP a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is PWP trading inside its 52-week range?

At $17.53, PWP sits 17.6% of the way from its 52-week low ($15.74) to its 52-week high ($25.93). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has PWP been declining?

The current 32.4% decline accrued over 108d, which annualizes to roughly -109.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does PWP compare to its sector?

There are 104 other Financial Services tickers on Broken Stocks: 49 Red, 35 Amber, 20 Watch, with 40 showing recovering structural signals. Median sector decline is -34.1% — PWP's decline is shallower than the sector median.

Does PWP's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-01) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.