PUBLIC STORAGE (PSA)
US74460D1090 - REIT
Overall PSA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PSA is only an average performer.
The long and short term trends are both positive. This is looking good!
PSA is one of the better performing stocks in the Specialized REITs industry, it outperforms 74% of 28 stocks in the same industry.
PSA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PSA is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that PSA is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month PSA has a been trading in the 280.51 - 314.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PSA also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 295.99, a Stop Loss order could be placed below this zone.
More info and screens
252.17
314.96
We found 4 important support areas.
- A support zone ranging from 286.86 to 295.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @276.64 from a horizontal line in the daily time frame.
- A support zone ranging from 267.31 to 267.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 254.72 to 257.72. 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 301.64 to 305.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 311.54 to 311.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.74
Mansfield-0.37
10 Day High314.93
10 Day Low293.44
20 Day High314.93
20 Day Low280.51
52 Week High314.93
52 Week Low233.18
Performance
1 Week-0.3%
2 Weeks-0.62%
1 Month4.95%
3 Month16.69%
6 Month3.75%
12 Month6.82%
2 Year-7.86%
3 Year-3.76%
5 Year23.88%
10 Year75.25%
15 Year314.41%
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)
Technical Indicators
MACD(12,26,9)-0.73
RSI(14)57.5
LBB287.56
UBB311.9
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 305.02 | 293.43 | 11.59 (3.80%) | 25.00% |
| An entry @305.02. This is a Buy Stop order right above the resistance zone. | An exit @293.43. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.59 points, which is 3.80%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PUBLIC STORAGE
NYSE:PSA (7/26/2024, 7:04:00 PM)
After market: 300.74 0 (0%)300.74
+5.82 (+1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg1.97%
1 Week-0.3%
2 Weeks-0.62%
1 Month4.95%
3 Month16.69%
6 Month3.75%
12 Month6.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.07
ATR(20)%2.1%
ATR Inc
Range Today6.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High314.93
10 Day Low293.44
20 Day High314.93
20 Day Low280.51
52 Week High314.93
52 Week Low233.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume368.00K
Volume Incr-10.36%
Vol(5)628.84K
Vol(50)702.48K