Pluralsight Inc Cl A (PS) Technical Analysis
NASDAQ:PS
Current stock price
PS Technical Rating and Analysis
Taking everything into account, PS scores 8 out of 10 in our technical rating. Although PS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- PS 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 PS is leading the market.
- PS has an average volume of 3019830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, PS outperforms 68% of them, which is more or less in line with the market.
- In the last month PS has a been trading in a tight range between 22.00 and 22.49.
PS Weekly and Daily overview Charts
PS Setup Rating and Analysis
PS 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 22.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.36, a Stop Loss order could be placed below this zone.
More info and screens
PS Support and Resistance Analysis
18.34
3 important support areas can be observed.
- A support zone ranging from 22.27 to 22.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.52 to 20.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.53 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.46 to 22.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
PS 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 PS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PS is up. |
| ChartMill Relative Strength | 68.56 | NEUTRAL | PS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.19 | NEUTRAL | The RSI value for PS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.27 | NEUTRAL | The Stochastics value for PS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for PS suggests low volalility. |
PS Chart- and CandleStick Pattern Analysis
PS 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 |
|---|---|---|---|
| 22.51 | 22.26 | 0.25 (1.11%) | 25.00% |
| An entry @22.51. This is a Buy Stop order right above the resistance zone. | An exit @22.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.25 points, which is 1.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- 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.
PS Technicals: Chart, Performance Metrics, Trend & Indicators
22.45
+0.03 (+0.13%)
Pluralsight Inc Cl A / PS TA FAQ
What is the ChartMill technical rating of Pluralsight Inc Cl A (PS) stock?
ChartMill assigns a technical rating of 8 / 10 to PS.
Can you provide the trend direction for Pluralsight Inc Cl A?
The current trend direction for Pluralsight Inc Cl A (PS) is Bullish.
Can you provide the RSI signal for Pluralsight Inc Cl A?
Pluralsight Inc Cl A (PS) has an RSI value of 66.1854. This indicates that the stock is currently neutral.
What is the MACD signal for PS stock?
The MACD indicator for Pluralsight Inc Cl A (PS) has a value of -0.026946, indicating a bearish trend.
Can you provide the support and resistance levels for Pluralsight Inc Cl A?
Pluralsight Inc Cl A (PS) has a support level at 22.36 and a resistance level at 22.46. Check the full technical report for our detailed analysis of PS support and resistance levels.