POTASH CORP SASK INC (POT) Stock Technical Analysis
NYSE:POT - New York Stock Exchange, Inc. - CA73755L1076
We assign a technical rating of 8 out of 10 to POT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, POT is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by POT, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so POT is leading the market.
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.
Looking at the yearly performance, POT did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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
18.45
20.86
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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
20.65
+0.11 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.54%
1 Week3.04%
2 Weeks3.46%
1 Month5.09%
3 Month7.33%
6 Month26.69%
12 Month14.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%2.14%
ATR Inc18.48%
Range Today0.44
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.22
Mansfield0.53
10 Day High21.04
10 Day Low19.18
20 Day High21.04
20 Day Low18.54
52 Week High21.04
52 Week Low15.74
CS1 End19.69
CR1 StartN/A
Volume & EV
DER(3)1.57%
DER(5)2.34%
Volume10.33M
Volume Incr9.99%
Vol(5)4.84M
Vol(50)4.04M