PROSPECT CAPITAL CORP (PSEC) Technical Analysis
NASDAQ:PSEC • US74348T1025
Current stock price
PSEC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PSEC. PSEC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 83% of all other stocks performed better in the past year than PSEC.
- PSEC is part of the Capital Markets industry. There are 240 other stocks in this industry, of which 63% are performing better than PSEC.
- PSEC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSEC is lagging the market.
- PSEC has an average volume of 4456430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PSEC has a been trading in the 2.46 - 2.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSEC Weekly and Daily overview Charts
PSEC Setup Rating and Analysis
PSEC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.45, a Stop Loss order could be placed below this zone.
More info and screens
PSEC Support and Resistance Analysis
2.42
When analyzing the support we notice one important area.
- A support zone ranging from 2.44 to 2.45. 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 2.63 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.95 to 2.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
PSEC 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 | DOWN | NEGATIVE | The long term trend for PSEC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSEC is neutral. |
| ChartMill Relative Strength | 17.62 | NEGATIVE | PSEC has a low relative strength, it was outperformed by 82.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PSEC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.06 | NEUTRAL | The RSI value for PSEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PSEC has a positive trend. |
| Stochastics (14,3) | 50.57 | NEUTRAL | The Stochastics value for PSEC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for PSEC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for PSEC suggests a weak or negative trend. |
PSEC Chart- and CandleStick Pattern Analysis
PSEC Technicals: Chart, Performance Metrics, Trend & Indicators
2.62
+0.01 (+0.38%)
PROSPECT CAPITAL CORP / PSEC TA FAQ
What is the ChartMill technical rating of PROSPECT CAPITAL CORP (PSEC) stock?
ChartMill assigns a technical rating of 0 / 10 to PSEC.
What is the trend direction for PSEC stock?
The current trend direction for PROSPECT CAPITAL CORP (PSEC) is Bearish.
Can you provide the RSI signal for PROSPECT CAPITAL CORP?
PROSPECT CAPITAL CORP (PSEC) has an RSI value of 49.0562. This indicates that the stock is currently neutral.
What is the short term momentum for PSEC stock?
The short term momentum for PROSPECT CAPITAL CORP (PSEC) is neutral.
What are the support and resistance levels for PROSPECT CAPITAL CORP (PSEC) stock?
PROSPECT CAPITAL CORP (PSEC) has a support level at 2.45 and a resistance level at 2.63. Check the full technical report for our detailed analysis of PSEC support and resistance levels.