USA - NYSE:PSA - US74460D1090 - REIT
We assign a technical rating of 0 out of 10 to PSA. 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.
263.64
We found 2 important support areas.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for PSA is down. |
| ChartMill Relative Strength | 21.51 | NEGATIVE | PSA has a low relative strength, it was outperformed by 78.49% 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) | 30.88 | NEUTRAL | The RSI value for PSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.48 | NEGATIVE | The MACD value suggests PSA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.64 | OVERSOLD | The low Stochastics value suggests PSA may be oversold. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for PSA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.99 | POSITIVE | The high ADX value value for PSA suggests a strong trend. |
273.96
-4.96 (-1.78%)
ChartMill assigns a technical rating of 0 / 10 to PSA.
The current trend direction for PUBLIC STORAGE (PSA) is Bearish.
PUBLIC STORAGE (PSA) has an RSI value of 30.8775. This indicates that the stock is currently neutral.
The MACD indicator for PUBLIC STORAGE (PSA) has a value of -3.48202, indicating a bearish trend.
PUBLIC STORAGE (PSA) has a support level at 273.95 and a resistance level at 285.57. Check the full technical report for our detailed analysis of PSA support and resistance levels.