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.
The technical rating of PSA is bad and it also does not present a quality setup 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
256.55
When analyzing the support we notice one important area.
- A support zone ranging from 259.14 to 259.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 267.81 to 270.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 274.98 to 280.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @298.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 309.46 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 | 22.55 | NEGATIVE | PSA has a low relative strength, it was outperformed by 77.45% off all stocks 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) | 34.28 | NEUTRAL | The RSI value for PSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests PSA has a negative trend. |
| Stochastics (14,3) | 7.98 | OVERSOLD | The low Stochastics value suggests PSA may be oversold. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for PSA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.69 | NEUTRAL | The ADX value for PSA suggests a possible start of a new trend. |
259.15
-2.22 (-0.85%)
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 34.2828. 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 -0.622581, indicating a bearish trend.
What are the support and resistance levels for PUBLIC STORAGE (PSA) stock?
PUBLIC STORAGE (PSA) has a support level at 259.14 and a resistance level at 267.81. Check the full technical report for our detailed analysis of PSA support and resistance levels.