PUBLIC STORAGE (PSA) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:PSA • US74460D1090
Overall PSA gets a technical rating of 5 out of 10. In the last year, PSA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 68% of all other stocks performed better in the past year than PSA.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- PSA has an average volume of 1167920 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 48% of them.
- PSA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PSA is lagging the market.
- In the last month PSA has a been trading in the 270.55 - 295.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 289.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 282.43, a Stop Loss order could be placed below this zone.
More info and screens
255.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 273.38 to 282.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @265.45 from a horizontal line in the daily time frame.
- A support zone ranging from 257.73 to 258.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 289.78 to 292.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for PSA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSA is up. |
| ChartMill Relative Strength | 32.9 | NEUTRAL | PSA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PSA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.72 | NEUTRAL | The RSI value for PSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests PSA has a positive trend. |
| Stochastics (14,3) | 64.16 | NEUTRAL | The Stochastics value for PSA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for PSA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for PSA suggests a weak or negative trend. |
288.89
+1.89 (+0.66%)
PUBLIC STORAGE / PSA FAQ
What is the ChartMill technical rating of PUBLIC STORAGE (PSA) stock?
ChartMill assigns a technical rating of 5 / 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 PSA stock?
PUBLIC STORAGE (PSA) has an RSI value of 57.7161. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PUBLIC STORAGE?
PUBLIC STORAGE (PSA) has a support level at 282.43 and a resistance level at 289.78. Check the full technical report for our detailed analysis of PSA support and resistance levels.