PUBLIC STORAGE (PSA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PSA - US74460D1090 - REIT
Taking everything into account, PSA scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, PSA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 273.53, a Stop Loss order could be placed below this zone.
More info and screens
262.79
We found 1 important support area.
- A support zone ranging from 265.44 to 273.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @301.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 307.62 to 313.98. This zone is formed by a combination of multiple trend lines 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 | 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 | 20.29 | NEGATIVE | PSA has a low relative strength, it was outperformed by 79.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PSA is above 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) | 44.99 | NEUTRAL | The RSI value for PSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests PSA has a positive trend. |
| Stochastics (14,3) | 69.65 | NEUTRAL | The Stochastics value for PSA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for PSA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.87 | POSITIVE | The high ADX value value for PSA suggests a strong trend. |
274.54
+0.33 (+0.12%)
PUBLIC STORAGE / PSA FAQ
What is the ChartMill technical rating of PUBLIC STORAGE (PSA) stock?
ChartMill assigns a technical rating of 0 / 10 to PSA.
Can you provide the trend direction for PUBLIC STORAGE?
The current trend direction for PUBLIC STORAGE (PSA) is Bearish.
What is the RSI signal for PSA stock?
PUBLIC STORAGE (PSA) has an RSI value of 44.9933. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PUBLIC STORAGE?
The MACD indicator for PUBLIC STORAGE (PSA) has a value of 0.791136, indicating a bearish trend.
What are the support and resistance levels for PUBLIC STORAGE (PSA) stock?
PUBLIC STORAGE (PSA) has a support level at 273.53 and a resistance level at 301.81. Check the full technical report for our detailed analysis of PSA support and resistance levels.