PROSPECT CAPITAL CORP (PSEC) Stock Technical Analysis
NASDAQ:PSEC - US74348T1025 - Common Stock
2.98 USD
+0.08 (+2.76%)
2.9436 USD
-0.04 (-1.22%)
We assign a technical rating of 1 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 negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than PSEC.
PSEC is part of the Capital Markets industry. There are 239 other stocks in this industry, of which 85% are performing better than PSEC.
PSEC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PSEC has a been trading in the 2.73 - 2.98 range, which is quite wide. It is currently trading near the high of this range.
PSEC has an average volume of 3415570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of PSEC is bad and it also does not present a 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
2.95
4.63
3 important resistance areas can be observed.
- A resistance zone ranging from 3.22 to 3.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.35 to 3.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.58 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 | DOWN | NEGATIVE | The long term trend for PSEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSEC is down. |
| ChartMill Relative Strength | 8.14 | NEGATIVE | PSEC has a low relative strength, it was outperformed by 91.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSEC is above the rising 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) | 51.38 | NEUTRAL | The RSI value for PSEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PSEC has a positive trend. |
| Stochastics (14,3) | 91.81 | OVERBOUGHT | The high Stochastics value suggests PSEC may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for PSEC suggests some volalility. |
| Average Directional Index/ADX (14) | 34.15 | POSITIVE | The high ADX value value for PSEC suggests a strong 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)
2.98
+0.08 (+2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.76%
1 Week3.83%
2 Weeks4.56%
1 Month0.34%
3 Month-9.42%
6 Month-32.27%
12 Month-43.02%
2 Year-51.15%
3 Year-60.16%
5 Year-41.57%
10 Year-60.79%
15 Year-67.54%
Volatility
ATR(14)0.07
ATR(20)%2.7%
ATR Inc16.78%
Range Today0.09
ADR(20)0.08
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.14
Mansfield-3.37
10 Day High2.98
10 Day Low2.77
20 Day High2.98
20 Day Low2.73
52 Week High5.57
52 Week Low2.73
CS1 EndN/A
CR1 Start3.22
Volume & EV
DER(3)0.02%
DER(5)-1.36%
Volume3.70M
Volume Incr16.3%
Vol(5)4.94M
Vol(50)3.42M