PUBLIC STORAGE (PSA) Technical Analysis
NYSE:PSA • US74460D1090
Current stock price
PSA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to PSA. PSA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- PSA has an average volume of 1233780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, PSA turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- PSA is an average performer in the Specialized REITs industry, it outperforms 55% of 28 stocks in the same industry.
- PSA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSA is lagging the market slightly.
- In the last month PSA has a been trading in the 262.99 - 310.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSA Weekly and Daily overview Charts
PSA Setup Rating and Analysis
PSA has a poor technical rating and the quality of the setup is also not perfect 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
PSA Support and Resistance Analysis
255.85
We found 3 important support areas.
- A support zone ranging from 269.93 to 271.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong support @265.45 from a horizontal line in the daily time frame.
- A support zone ranging from 258.43 to 258.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 282.31 to 288.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 305.31 to 313.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
PSA Technical Indicator Signal Analysis
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 | 46.16 | NEUTRAL | PSA is not amongst the best or worst performers 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) | 48.24 | NEUTRAL | The RSI value for PSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PSA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.98 | NEUTRAL | The Stochastics value for PSA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PSA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.68 | POSITIVE | The high ADX value value for PSA suggests a strong trend. |
PSA Chart- and CandleStick Pattern Analysis
PSA Technicals: Chart, Performance Metrics, Trend & Indicators
280.35
+4.11 (+1.49%)
PUBLIC STORAGE / PSA TA FAQ
What is the ChartMill technical rating of PUBLIC STORAGE (PSA) stock?
ChartMill assigns a technical rating of 2 / 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 PUBLIC STORAGE (PSA) stock?
PUBLIC STORAGE (PSA) has an RSI value of 48.2424. This indicates that the stock is currently neutral.
What is the short term momentum for PUBLIC STORAGE (PSA) stock?
The short term momentum for PUBLIC STORAGE (PSA) is negative.
Can you provide the support and resistance levels for PUBLIC STORAGE?
PUBLIC STORAGE (PSA) has a support level at 271.81 and a resistance level at 282.31. Check the full technical report for our detailed analysis of PSA support and resistance levels.