POSHMARK INC-CLASS A (POSH) Technical Analysis
NASDAQ:POSH • US73739W1045
Current stock price
POSH Technical Rating and Analysis
Overall POSH gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, POSH is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- POSH is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so POSH is leading the market.
- POSH has an average volume of 1296520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, POSH did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month POSH has a been trading in a tight range between 17.82 and 17.91.
- Volume is considerably higher in the last couple of days.
POSH Weekly and Daily overview Charts
POSH Setup Rating and Analysis
POSH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.88, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
POSH Support and Resistance Analysis
11.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.72 to 17.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.90 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.91 to 17.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
POSH Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for POSH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POSH is up. |
| ChartMill Relative Strength | 77.01 | POSITIVE | POSH has a high relative strength, it outperformed 77.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of POSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of POSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.27 | NEUTRAL | The RSI value for POSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests POSH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.22 | OVERBOUGHT | The high Stochastics value suggests POSH may be overbought. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for POSH suggests low volalility. |
| Average Directional Index/ADX (14) | 49.35 | POSITIVE | The high ADX value value for POSH suggests a strong trend. |
POSH Chart- and CandleStick Pattern Analysis
POSH Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.92 | 17.84 | 0.08 (0.45%) | 25.00% |
| An entry @17.92. This is a Buy Stop order right above the resistance zone. | An exit @17.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 0.45%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
POSH Technicals: Chart, Performance Metrics, Trend & Indicators
17.9
0 (0%)
POSHMARK INC-CLASS A / POSH TA FAQ
What is the ChartMill technical rating of POSHMARK INC-CLASS A (POSH) stock?
ChartMill assigns a technical rating of 7 / 10 to POSH.
Can you provide the trend direction for POSHMARK INC-CLASS A?
The current trend direction for POSHMARK INC-CLASS A (POSH) is Bullish.
What is the RSI signal for POSHMARK INC-CLASS A (POSH) stock?
POSHMARK INC-CLASS A (POSH) has an RSI value of 69.2681. This indicates that the stock is currently neutral.
What is the MACD signal for POSH stock?
The MACD indicator for POSHMARK INC-CLASS A (POSH) has a value of -0.0126221, indicating a bearish trend.
What is the short term momentum for POSHMARK INC-CLASS A (POSH) stock?
The short term momentum for POSHMARK INC-CLASS A (POSH) is positive.