PUBLIC STORAGE (PSA) Technical Analysis
NYSE:PSA • US74460D1090
Current stock price
PSA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to PSA. Although PSA 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.
- PSA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PSA is lagging the market slightly.
- In the last month PSA has a been trading in the 262.99 - 313.51 range, which is quite wide. It is currently trading near the high of this range.
- PSA has an average volume of 1252350 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, PSA outperforms 50% of them, which is more or less in line with the market.
- PSA is an average performer in the Specialized REITs industry, it outperforms 66% of 28 stocks in the same industry.
PSA Weekly and Daily overview Charts
PSA Setup Rating and Analysis
Although PSA has an excellent technical rating, the quality of the presented setup is not ideal 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
PSA Support and Resistance Analysis
262.47
We found 3 important support areas.
- A support zone ranging from 288.45 to 293.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @271.81 from a horizontal line in the daily time frame.
- A support zone ranging from 265.12 to 265.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 307.61 to 313.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
PSA 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 PSA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSA is up. |
| ChartMill Relative Strength | 50.01 | NEUTRAL | PSA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.38 | NEUTRAL | The RSI value for PSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.81 | POSITIVE | The MACD value suggests PSA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.68 | OVERBOUGHT | The high Stochastics value suggests PSA may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for PSA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.36 | POSITIVE | The high ADX value value for PSA suggests a strong trend. |
PSA Chart- and CandleStick Pattern Analysis
PSA Technicals: Chart, Performance Metrics, Trend & Indicators
304.81
-3.52 (-1.14%)
PUBLIC STORAGE / PSA TA FAQ
What is the ChartMill technical rating of PUBLIC STORAGE (PSA) stock?
ChartMill assigns a technical rating of 8 / 10 to PSA.
What is the trend direction for PSA stock?
The current trend direction for PUBLIC STORAGE (PSA) is Bullish.
What is the RSI signal for PUBLIC STORAGE (PSA) stock?
PUBLIC STORAGE (PSA) has an RSI value of 61.3765. This indicates that the stock is currently neutral.
What is the short term momentum for PUBLIC STORAGE (PSA) stock?
The short term momentum for PUBLIC STORAGE (PSA) is positive.
Can you provide the support and resistance levels for PUBLIC STORAGE?
PUBLIC STORAGE (PSA) has a support level at 293.18 and a resistance level at 307.61. Check the full technical report for our detailed analysis of PSA support and resistance levels.