PowerShares Global Gold & Prec Mtls ETF (PSAU) Stock Technical Analysis
NASDAQ:PSAU - Nasdaq -
Overall PSAU gets a technical rating of 9 out of 10. 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.
PSAU is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, 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.
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
16.93
19.89
We found 3 important support areas.
- 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.
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. |
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)
PowerShares Global Gold & Prec Mtls ETF
NASDAQ:PSAU (2/20/2019, 8:09:46 PM)
19.69
+0.22 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.13%
1 Week6.03%
2 Weeks4.24%
1 Month14.81%
3 Month23.45%
6 Month25.25%
12 Month6.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.88%
ATR Inc66.6%
Range Today0.35
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.97
Mansfield1.05
10 Day High19.94
10 Day Low18.2
20 Day High19.94
20 Day Low17.13
52 Week High19.94
52 Week Low14.29
CS1 End18.88
CR1 StartN/A
Volume & EV
DER(3)-3.25%
DER(5)0.88%
Volume19.20K
Volume Incr-37.24%
Vol(5)15.00K
Vol(50)23.96K