PROSPECT CAPITAL CORP (PSEC) Stock Technical Analysis
NASDAQ:PSEC - Nasdaq - US74348T1025 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to PSEC. In the past year, PSEC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PSEC is a bad performer in the overall market: 92% of all stocks are doing better.
PSEC is part of the Capital Markets industry. There are 235 other stocks in this industry, of which 87% are performing better than PSEC.
PSEC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PSEC has a been trading in the 3.10 - 3.44 range, which is quite wide. It is currently trading near the high of this range.
PSEC has an average volume of 3022890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
PSEC has a poor technical rating and the quality of the setup is also not perfect 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
3.10
4.73
We found 2 important support areas.
- A support zone ranging from 3.29 to 3.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.13 to 3.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.43 to 3.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.68 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 | UP | POSITIVE | The short term trend for PSEC is up. |
| ChartMill Relative Strength | 8.88 | NEGATIVE | PSEC has a low relative strength, it was outperformed by 91.12% 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 | MIXED | The current price of PSEC is above 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) | 59.83 | NEUTRAL | The RSI value for PSEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PSEC has a positive trend. |
| Stochastics (14,3) | 80.84 | OVERBOUGHT | The high Stochastics value suggests PSEC may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for PSEC suggests low volalility. |
| Average Directional Index/ADX (14) | 19.66 | NEGATIVE | The low ADX value for PSEC suggests a weak or negative 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)
3.42
+0.06 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.79%
1 Week3.32%
2 Weeks3.01%
1 Month8.23%
3 Month-7.32%
6 Month-21.92%
12 Month-38.38%
2 Year-46.23%
3 Year-55.58%
5 Year-31.74%
10 Year-52.03%
15 Year-64.78%
Volatility
ATR(14)0.06
ATR(20)%1.93%
ATR Inc28.42%
Range Today0.07
ADR(20)0.06
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.88
Mansfield-2.67
10 Day High3.44
10 Day Low3.28
20 Day High3.44
20 Day Low3.1
52 Week High5.57
52 Week Low3.1
CS1 End3.39
CR1 Start3.43
Volume & EV
DER(3)1.81%
DER(5)1.66%
Volume2.85M
Volume Incr-22.33%
Vol(5)2.00M
Vol(50)3.02M