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This domain is ideally suited to a design or writing organisation.
The name "penolo" has only six letters and three syllables. Successful brands using three syllable names include Delicious, Adobe and Verizon.
This domain was first registered in October 2020. Older domains have an advantage when ranking in search engines.
Penolo.com is a dot-com domain. Dot com domains are the most popular, and the most desirable. Once secured, a dot-com all but guarantees no-one else can outrank you for your own name in the long run.
One suggestion for how this name could sound when used.