PUBLIC STORAGE (PSA) Stock Technical Analysis
NYSE:PSA - New York Stock Exchange, Inc. - US74460D1090 - REIT - Currency: USD
We assign a technical rating of 2 out of 10 to PSA. Although PSA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
PSA is part of the Specialized REITs industry. There are 30 other stocks in this industry. PSA outperforms 72% of them.
In the last month PSA has a been trading in the 256.60 - 302.48 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Looking at the yearly performance, PSA did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PSA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, PSA does present a nice setup opportunity. 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 294.72. Right above this resistance zone may be a good entry point.
More info and screens
277.53
317.13
We found 1 important support area.
- Support @280.33 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 294.72 to 299.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @305.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 313.99 to 313.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.57
Mansfield-0.36
10 Day High300.5
10 Day Low271.8
20 Day High302.48
20 Day Low256.6
52 Week High369.99
52 Week Low256.31
Performance
1 Week-1.72%
2 Weeks4.62%
1 Month-0.35%
3 Month-0.44%
6 Month-13.51%
12 Month12.87%
2 Year-1.33%
3 Year-21.69%
5 Year56.87%
10 Year54.81%
15 Year200.19%
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)
Technical Indicators
MACD(12,26,9)1.48
RSI(14)49.45
LBB269.39
UBB303.4
290.91
-2.88 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.98%
1 Week-1.72%
2 Weeks4.62%
1 Month-0.35%
3 Month-0.44%
6 Month-13.51%
12 Month12.87%
2 Year-1.33%
3 Year-21.69%
5 Year56.87%
10 Year54.81%
15 Year200.19%
Volatility
ATR(14)11
ATR(20)%3.51%
ATR Inc-56.67%
Range Today6.34
ADR(20)9.69
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.57
Mansfield-0.36
10 Day High300.5
10 Day Low271.8
20 Day High302.48
20 Day Low256.6
52 Week High369.99
52 Week Low256.31
CS1 End280.33
CR1 Start294.72
Volume & EV
DER(3)2.28%
DER(5)1.61%
Volume909.80K
Volume Incr-20.5%
Vol(5)763.26K
Vol(50)849.79K