PGIM SHRT DURATION MS BD ETF (PSDM) Stock Technical Analysis
NYSEARCA:PSDM - NYSE Arca - US69344A8421 - ETF - Currency: USD
Overall PSDM gets a technical rating of 5 out of 10. PSDM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
PSDM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 50.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.95, a Stop Loss order could be placed below this zone.
More info and screens
49.29
We found 1 important support area.
- A support zone ranging from 49.79 to 50.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 50.98 to 51.53. 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 | NEUTRAL | NEUTRAL | The long term trend for PSDM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSDM is up. |
| ChartMill Relative Strength | 43.71 | NEUTRAL | PSDM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSDM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PSDM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSDM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.22 | NEUTRAL | The RSI value for PSDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PSDM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for PSDM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for PSDM suggests low volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for PSDM suggests a weak or negative trend. |
NYSEARCA:PSDM (6/17/2025, 2:44:27 PM)
50.98
+0.01 (+0.02%)