PowerShares Global Gold & Prec Mtls ETF (PSAU) Technical Analysis
NASDAQ:PSAU
Current stock price
PSAU Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to PSAU. Both in the recent history as in the last year, PSAU has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: PSAU has an average volume of 23956 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by PSAU, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so PSAU is leading the market.
- In the last month PSAU has a been trading in the 17.13 - 19.94 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, PSAU did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PSAU Weekly and Daily overview Charts
PSAU Setup Rating and Analysis
Although PSAU has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PSAU Support and Resistance Analysis
16.93
3 important support areas can be observed.
- A support zone ranging from 18.57 to 18.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.74 to 18.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.10 to 17.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
PSAU 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 PSAU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSAU is up. |
| ChartMill Relative Strength | 86.97 | POSITIVE | PSAU has a high relative strength, it outperformed 86.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSAU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSAU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.49 | OVERBOUGHT | The high RSI value suggests PSAU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PSAU has a positive trend. |
| Stochastics (14,3) | 84.37 | OVERBOUGHT | The high Stochastics value suggests PSAU may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for PSAU suggests low volalility. |
PSAU Chart- and CandleStick Pattern Analysis
PSAU Technicals: Chart, Performance Metrics, Trend & Indicators
PowerShares Global Gold & Prec Mtls ETF
NASDAQ:PSAU (2/20/2019, 8:09:46 PM)
19.69
+0.22 (+1.13%)
PowerShares Global Gold & Prec Mtls ETF / PSAU TA FAQ
Can you provide the ChartMill technical rating for PowerShares Global Gold & Prec Mtls ETF?
ChartMill assigns a technical rating of 8 / 10 to PSAU.
Can you provide the trend direction for PowerShares Global Gold & Prec Mtls ETF?
The current trend direction for PowerShares Global Gold & Prec Mtls ETF (PSAU) is Bullish.
What is the RSI signal for PSAU stock?
PowerShares Global Gold & Prec Mtls ETF (PSAU) has an RSI value of 70.4943. This indicates that the stock is currently overbought.
What is the short term momentum for PowerShares Global Gold & Prec Mtls ETF (PSAU) stock?
The short term momentum for PowerShares Global Gold & Prec Mtls ETF (PSAU) is positive.
Can you provide the support and resistance levels for PowerShares Global Gold & Prec Mtls ETF?
PowerShares Global Gold & Prec Mtls ETF (PSAU) has a support level at 18.88. Check the full technical report for our detailed analysis of PSAU support and resistance levels.