PS BUSINESS PARKS INC/MD (PSB)

US69360J1079 - REIT

187.44  +0.06 (+0.03%)

After market: 187.5 +0.06 (+0.03%)

Technical Rating and Analysis

8

Overall PSB gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PSB is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PSB is one of the better performing stocks in the market, outperforming 93% of all stocks.
PSB is part of the Diversified REITs industry. There are 127 other stocks in this industry. PSB outperforms 96% of them.
PSB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PSB has a been trading in a tight range between 185.93 and 187.99.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PSB Weekly chart
PSB Daily chart
Setup Rating and Analysis

8

PSB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 187.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

150.98

190.45

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 184.24 to 187.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @168.38 from a trend line in the weekly time frame.
  • Support @161.28 from a trend line in the weekly time frame.
  • Support @152.50 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 187.62 to 188.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.52
Mansfield2.05
10 Day High187.99
10 Day Low187
20 Day High187.99
20 Day Low185.93
52 Week High189.83
52 Week Low149.58
Performance
1 Week0.07%
2 Weeks0.17%
1 Month0.82%
3 Month11.79%
6 Month13.12%
12 Month20.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.06
RSI(14)61.6
LBB186.95
UBB187.43
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
188.00186.991.00 (0.53%)25.00%
An entry @188.00. This is a Buy Stop order right above the 10 day high.An exit @186.99. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.00 points, which is 0.53%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.13%.

  • 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.
PSB Daily chart

PS BUSINESS PARKS INC/MD

NYSE:PSB (7/19/2022, 7:09:04 PM)

After market: 187.5 +0.06 (+0.03%)

187.44

+0.06 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.03%
1 Week0.07%
2 Weeks0.17%
1 Month0.82%
3 Month11.79%
6 Month13.12%
12 Month20.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%0.22%
ATR Inc
Range Today0.14
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 High187.99
10 Day Low187
20 Day High187.99
20 Day Low185.93
52 Week High189.83
52 Week Low149.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.39M
Volume Incr315.61%
Vol(5)1.23M
Vol(50)461.93K