PS BUSINESS PARKS INC/MD (PSB) Technical Analysis
NYSE:PSB • US69360J1079
Current stock price
PSB Technical Rating and Analysis
Taking everything into account, PSB scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, PSB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 one of the better performing stocks in the Diversified REITs industry, it outperforms 97% of 123 stocks in the same industry.
- PSB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PSB is leading 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.
PSB Weekly and Daily overview Charts
PSB Setup Rating and Analysis
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.
More info and screens
PSB Support and Resistance Analysis
150.98
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.
We found 1 important resistance 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.
PSB 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 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. |
PSB Chart- and CandleStick Pattern Analysis
PSB 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.
| 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.
PSB Technicals: Chart, Performance Metrics, Trend & Indicators
187.44
+0.06 (+0.03%)
PS BUSINESS PARKS INC/MD / PSB TA FAQ
Can you provide the ChartMill technical rating for PS BUSINESS PARKS INC/MD?
ChartMill assigns a technical rating of 7 / 10 to PSB.
Can you provide the trend direction for PS BUSINESS PARKS INC/MD?
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 MACD signal for PSB stock?
The MACD indicator for PS BUSINESS PARKS INC/MD (PSB) has a value of -0.0639697, indicating a bearish trend.
What is the short term momentum for PSB stock?
The short term momentum for PS BUSINESS PARKS INC/MD (PSB) is positive.