PUBLIC STORAGE (PSA) Stock Technical Analysis
NYSE:PSA - New York Stock Exchange, Inc. - US74460D1090 - REIT - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PSA is a bad performer in the overall market: 79% of all stocks are doing better.
PSA is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 65% are performing better than PSA.
PSA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PSA has a been trading in the 284.05 - 301.55 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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.
More info and screens
277.53
317.13
2 important support areas can be observed.
- Support @288.03 from a trend line in the weekly time frame.
- Support @280.33 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 292.28 to 313.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 21.72 | NEGATIVE | PSA has a low relative strength, it was outperformed by 78.28% 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) | 39.9 | NEUTRAL | The RSI value for PSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests PSA has a negative trend. |
| Stochastics (14,3) | 27.52 | NEUTRAL | The Stochastics value for PSA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for PSA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.26 | NEGATIVE | The low ADX value for PSA suggests a weak or negative trend. |
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)
288.63
-0.5 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.17%
1 Week-1.14%
2 Weeks-0.43%
1 Month-2.7%
3 Month-2.49%
6 Month-2.51%
12 Month-4.32%
2 Year2.44%
3 Year-11.57%
5 Year44.4%
10 Year40.67%
15 Year194.16%
Volatility
ATR(14)5.82
ATR(20)%1.89%
ATR Inc-35.84%
Range Today3.21
ADR(20)5.36
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.72
Mansfield-1.46
10 Day High301.55
10 Day Low284.05
20 Day High301.55
20 Day Low284.05
52 Week High369.99
52 Week Low256.6
CS1 End288.03
CR1 Start292.28
Volume & EV
DER(3)0.2%
DER(5)2.67%
Volume912.60K
Volume Incr25.65%
Vol(5)1.05M
Vol(50)817.24K