Overall PSCE gets a technical rating of 8 out of 10. Although PSCE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although PSCE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
40.16
We found 3 important support areas.
We found 1 important resistance area.
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 PSCE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSCE is up. |
| ChartMill Relative Strength | 74.18 | POSITIVE | PSCE has a high relative strength, it outperformed 74.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSCE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSCE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.32 | OVERBOUGHT | The high RSI value suggests PSCE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests PSCE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.07 | OVERBOUGHT | The high Stochastics value suggests PSCE may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for PSCE suggests some volalility. |
| Average Directional Index/ADX (14) | 43.02 | POSITIVE | The high ADX value value for PSCE suggests a strong trend. |
50.89
+0.88 (+1.76%)
ChartMill assigns a technical rating of 8 / 10 to PSCE.
The current trend direction for INVESCO S&P SMALLCAP ENERGY (PSCE) is Bullish.
INVESCO S&P SMALLCAP ENERGY (PSCE) has an RSI value of 76.3169. This indicates that the stock is currently overbought.
The MACD indicator for INVESCO S&P SMALLCAP ENERGY (PSCE) has a value of 0.266165, indicating a bearish trend.
The short term momentum for INVESCO S&P SMALLCAP ENERGY (PSCE) is positive.