INVESCO S&P SMALLCAP ENERGY (PSCE) Stock Technical Analysis
USA - NASDAQ:PSCE - US46138G4745 - ETF
40.5556 USD
-2.18 (-5.11%)
40.5 USD
-0.06 (-0.14%)
We assign a technical rating of 4 out of 10 to PSCE. In the last year, PSCE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
82% of all other stocks performed better in the past year than PSCE.
In the last month PSCE has a been trading in the 40.53 - 44.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: PSCE has an average volume of 16552 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
PSCE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PSCE is lagging the market.
PSCE has an average technical rating and it also 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.
More info and screens
37.64
49.82
We found 2 important support areas.
- A support zone ranging from 38.65 to 39.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 38.02 to 38.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 40.68 to 41.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.68 to 44.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.33 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PSCE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSCE is neutral. |
| ChartMill Relative Strength | 18.67 | NEGATIVE | PSCE has a low relative strength, it was outperformed by 81.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSCE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PSCE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSCE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.79 | NEUTRAL | The RSI value for PSCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests PSCE has a negative trend. |
| Stochastics (14,3) | 41.15 | NEUTRAL | The Stochastics value for PSCE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for PSCE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for PSCE suggests a possible start of a new trend. |
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)
40.5556
-2.18 (-5.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.11%
1 Week-6.4%
2 Weeks-8.2%
1 Month-1.24%
3 Month-2.49%
6 Month19.14%
12 Month-22.46%
2 Year-24.39%
3 Year-25.65%
5 Year167.69%
10 Year-55.09%
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%2.53%
ATR Inc75.48%
Range Today2.07
ADR(20)0.89
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.67
Mansfield-1.37
10 Day High44.3
10 Day Low40.53
20 Day High44.7
20 Day Low40.53
52 Week High54.83
52 Week Low30.94
CS1 End39.32
CR1 Start40.68
Volume & EV
DER(3)-12.31%
DER(5)-5.9%
Volume39.40K
Volume Incr12.74%
Vol(5)22.12K
Vol(50)16.55K