POTASH CORP SASK INC (POT) Technical Analysis
NYSE:POT • CA73755L1076
Current stock price
POT Technical Rating and Analysis
Overall POT gets a technical rating of 8 out of 10. Although POT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by POT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month POT has a been trading in the 18.54 - 21.04 range, which is quite wide. It is currently trading near the high of this range.
- POT has an average volume of 4044120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that POT is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
POT Weekly and Daily overview Charts
POT Setup Rating and Analysis
Although POT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
POT Support and Resistance Analysis
18.45
When analyzing the support we notice one important area.
- A support zone ranging from 18.64 to 19.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
POT 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 POT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POT is up. |
| ChartMill Relative Strength | 72.22 | POSITIVE | POT has a high relative strength, it outperformed 72.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of POT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of POT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.74 | OVERBOUGHT | The high RSI value suggests POT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests POT has a positive trend. |
| Stochastics (14,3) | 85.9 | OVERBOUGHT | The high Stochastics value suggests POT may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for POT suggests some volalility. |
POT Chart- and CandleStick Pattern Analysis
POT Technicals: Chart, Performance Metrics, Trend & Indicators
20.65
+0.11 (+0.54%)
POTASH CORP SASK INC / POT TA FAQ
What is the technical rating for POT stock?
ChartMill assigns a technical rating of 8 / 10 to POT.
What is the current trend direction of POTASH CORP SASK INC (POT) stock?
The current trend direction for POTASH CORP SASK INC (POT) is Bullish.
What is the RSI signal for POTASH CORP SASK INC (POT) stock?
POTASH CORP SASK INC (POT) has an RSI value of 70.7396. This indicates that the stock is currently overbought.
What is the short term momentum for POT stock?
The short term momentum for POTASH CORP SASK INC (POT) is positive.
What is the buy/sell signal for POTASH CORP SASK INC (POT) stock?
The buy/sell signal for POTASH CORP SASK INC (POT) is buy as both the short term and long term trends are positive.