PROSPECT CAPITAL CORP (PSEC) Stock Technical Analysis
NASDAQ:PSEC - Nasdaq - US74348T1025 - Common Stock - Currency: USD
Taking everything into account, PSEC scores 0 out of 10 in our technical rating. PSEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PSEC is a bad performer in the overall market: 90% of all stocks are doing better.
PSEC is part of the Capital Markets industry. There are 231 other stocks in this industry, of which 83% are performing better than PSEC.
PSEC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so PSEC is lagging the market.
In the last month PSEC has a been trading in the 3.21 - 3.77 range, which is quite wide. It is currently trading near the lows of this range.
PSEC has an average volume of 3428020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
3.26
4.88
We can see 3 important resistance areas.
- A resistance zone ranging from 3.69 to 3.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.97 from a trend line in the daily time frame.
- Resistance @4.83 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 | 10.42 | NEGATIVE | PSEC has a low relative strength, it was outperformed by 89.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSEC is below 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) | 34.08 | NEUTRAL | The RSI value for PSEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PSEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.05 | OVERSOLD | The low Stochastics value suggests PSEC may be oversold. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for PSEC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.99 | 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)
3.29
+0.05 (+1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.54%
1 Week-2.95%
2 Weeks-9.62%
1 Month-7.06%
3 Month-25.23%
6 Month-31.17%
12 Month-41.46%
2 Year-46.59%
3 Year-57.22%
5 Year-35.11%
10 Year-58.35%
15 Year-68.09%
Volatility
ATR(14)0.09
ATR(20)%2.77%
ATR Inc-33.29%
Range Today0.08
ADR(20)0.09
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.42
Mansfield-3.16
10 Day High3.72
10 Day Low3.21
20 Day High3.77
20 Day Low3.21
52 Week High5.67
52 Week Low3.21
CS1 EndN/A
CR1 Start3.69
Volume & EV
DER(3)-2.68%
DER(5)-2.73%
Volume4.60M
Volume Incr29.02%
Vol(5)4.12M
Vol(50)3.43M