PS BUSINESS PARKS INC/MD (PSB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PSB - US69360J1079 - REIT
Taking everything into account, PSB scores 8 out of 10 in our technical rating. 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.
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. Another positive sign is the recent Pocket Pivot signal.
- 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.
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150.98
4 important support areas can be observed.
- 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.
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 PSB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSB is up. |
| ChartMill Relative Strength | 93.52 | POSITIVE | PSB has a high relative strength, it outperformed 93.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PSB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.6 | NEUTRAL | The RSI value for PSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PSB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.39 | NEUTRAL | The Stochastics value for PSB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for PSB suggests low volalility. |
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 |
|---|---|---|---|
| 188.00 | 186.99 | 1.00 (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%. | For a 0.13% 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.
187.44
+0.06 (+0.03%)
PS BUSINESS PARKS INC/MD / PSB FAQ
Can you provide the ChartMill technical rating for PS BUSINESS PARKS INC/MD?
ChartMill assigns a technical rating of 7 / 10 to PSB.
What is the current trend direction of PS BUSINESS PARKS INC/MD (PSB) stock?
The current trend direction for PS BUSINESS PARKS INC/MD (PSB) is Bullish.
What is the RSI signal for PS BUSINESS PARKS INC/MD (PSB) stock?
PS BUSINESS PARKS INC/MD (PSB) has an RSI value of 61.5989. This indicates that the stock is currently neutral.
What is the buy/sell signal for PS BUSINESS PARKS INC/MD (PSB) stock?
The buy/sell signal for PS BUSINESS PARKS INC/MD (PSB) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for PS BUSINESS PARKS INC/MD?
PS BUSINESS PARKS INC/MD (PSB) has a support level at 187.23 and a resistance level at 187.62. Check the full technical report for our detailed analysis of PSB support and resistance levels.