Property Solutions Acquisition Corp (PSAC) Technical Analysis
NASDAQ:PSAC
Current stock price
PSAC Technical Rating and Analysis
Overall PSAC gets a technical rating of 5 out of 10. In the last year, PSAC 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.
- When comparing the yearly performance of all stocks, PSAC is a bad performer in the overall market: 100% of all stocks are doing better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- PSAC 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 PSAC is lagging the market slightly.
- In the last month PSAC has a been trading in the 12.18 - 17.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
PSAC Weekly and Daily overview Charts
PSAC Setup Rating and Analysis
PSAC has an average technical rating and the quality of the presented setup is also not ideal 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
PSAC Support and Resistance Analysis
10.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.39 to 12.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 11.08 to 11.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.79 to 13.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.49 from a trend line in the weekly time frame.
- Resistance @16.13 from a trend line in the daily time frame.
PSAC 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 | UP | POSITIVE | The long term trend for PSAC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSAC is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PSAC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PSAC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.88 | NEUTRAL | The RSI value for PSAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests PSAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.52 | NEUTRAL | The Stochastics value for PSAC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.38 | HIGH VOLATILITY | The high ATR as a percentage value for PSAC suggests high volalility. |
PSAC Chart- and CandleStick Pattern Analysis
PSAC Technicals: Chart, Performance Metrics, Trend & Indicators
Property Solutions Acquisition Corp
NASDAQ:PSAC (7/21/2021, 8:00:01 PM)
After market: 13.96 +0.18 (+1.31%)13.78
-0.05 (-0.36%)
Property Solutions Acquisition Corp / PSAC TA FAQ
Can you provide the ChartMill technical rating for Property Solutions Acquisition Corp?
ChartMill assigns a technical rating of 5 / 10 to PSAC.
What is the trend direction for PSAC stock?
The current trend direction for Property Solutions Acquisition Corp (PSAC) is Bullish.
Can you provide the RSI signal for Property Solutions Acquisition Corp?
Property Solutions Acquisition Corp (PSAC) has an RSI value of 48.8759. This indicates that the stock is currently neutral.
What is the MACD signal for Property Solutions Acquisition Corp (PSAC) stock?
The MACD indicator for Property Solutions Acquisition Corp (PSAC) has a value of -0.205968, indicating a bearish trend.
What are the support and resistance levels for Property Solutions Acquisition Corp (PSAC) stock?
Property Solutions Acquisition Corp (PSAC) has a support level at 12.57 and a resistance level at 13.79. Check the full technical report for our detailed analysis of PSAC support and resistance levels.