PUBLIC STORAGE (PSA) Technical Analysis
NYSE:PSA • US74460D1090
Current stock price
PSA Technical Rating and Analysis
Overall PSA gets a technical rating of 1 out of 10. PSA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 62% of all other stocks performed better in the past year than PSA.
- PSA has an average volume of 1226780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PSA is part of the Specialized REITs industry. There are 28 other stocks in this industry, PSA did better than 44% of them.
- PSA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSA is lagging the market slightly.
- In the last month PSA has a been trading in the 262.99 - 310.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSA Weekly and Daily overview Charts
PSA Setup Rating and Analysis
PSA has a poor technical rating and the quality of the setup is also only medium 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
255.85
We found 3 important support areas.
- A support zone ranging from 271.44 to 271.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong support @265.45 from a horizontal line in the daily time frame.
- A support zone ranging from 258.43 to 258.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 304.60 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 | DOWN | NEGATIVE | The long term trend for PSA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSA is down. |
| ChartMill Relative Strength | 38.9 | NEUTRAL | PSA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.82 | NEUTRAL | The RSI value for PSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests PSA has a positive trend. |
| Stochastics (14,3) | 46.82 | NEUTRAL | The Stochastics value for PSA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for PSA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.37 | 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
280.89
+0.54 (+0.19%)
PUBLIC STORAGE / PSA TA FAQ
What is the ChartMill technical rating of PUBLIC STORAGE (PSA) stock?
ChartMill assigns a technical rating of 1 / 10 to PSA.
What is the trend direction for PSA stock?
The current trend direction for PUBLIC STORAGE (PSA) is Bearish.
What is the RSI signal for PUBLIC STORAGE (PSA) stock?
PUBLIC STORAGE (PSA) has an RSI value of 48.8227. 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 negative.
Can you provide the support and resistance levels for PUBLIC STORAGE?
PUBLIC STORAGE (PSA) has a support level at 271.81 and a resistance level at 304.6. Check the full technical report for our detailed analysis of PSA support and resistance levels.