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'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than PSEC.
PSEC is part of the Capital Markets industry. There are 237 other stocks in this industry, of which 87% are performing better than PSEC.
PSEC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month PSEC has a been trading in the 2.87 - 3.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PSEC has an average volume of 3122780 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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.88
4.69
3 important resistance areas can be observed.
- A resistance zone ranging from 3.27 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.39 from a trend line in the daily time frame.
- Resistance @4.64 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 | 7.03 | NEGATIVE | PSEC has a low relative strength, it was outperformed by 92.97% 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) | 24.02 | OVERSOLD | The low RSI value suggests PSEC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PSEC has a negative trend. |
| Stochastics (14,3) | 8.29 | OVERSOLD | The low Stochastics value suggests PSEC may be oversold. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for PSEC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.45 | 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)
2.91
-0.06 (-2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.02%
1 Week-14.41%
2 Weeks-13.39%
1 Month-12.08%
3 Month-17.8%
6 Month-30.88%
12 Month-38.74%
2 Year-52.3%
3 Year-61.1%
5 Year-42.94%
10 Year-61.71%
15 Year-68.3%
Volatility
ATR(14)0.09
ATR(20)%2.76%
ATR Inc51.44%
Range Today0.11
ADR(20)0.08
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.03
Mansfield-3.63
10 Day High3.5
10 Day Low2.87
20 Day High3.5
20 Day Low2.87
52 Week High5.57
52 Week Low2.87
CS1 EndN/A
CR1 Start3.27
Volume & EV
DER(3)-7.93%
DER(5)-7.91%
Volume8.50M
Volume Incr173.27%
Vol(5)5.75M
Vol(50)3.12M