Overall PSHG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PSHG is showing a nice and steady performance.
Although PSHG has an excellent technical rating, it does not present a decent entry opportunity 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
1.81
2 important support areas can be observed.
- A support zone ranging from 2.00 to 2.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.83 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for PSHG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSHG is up. |
| ChartMill Relative Strength | 90.98 | POSITIVE | PSHG has a high relative strength, it outperformed 90.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSHG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSHG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSHG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.14 | NEUTRAL | The RSI value for PSHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PSHG has a positive trend. |
| Stochastics (14,3) | 87.98 | OVERBOUGHT | The high Stochastics value suggests PSHG may be overbought. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for PSHG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.42 | POSITIVE | The high ADX value value for PSHG suggests a strong trend. |
2.48
+0.11 (+4.64%)
PERFORMANCE SHIPPING INC / PSHG FAQ
Can you provide the ChartMill technical rating for PERFORMANCE SHIPPING INC?
ChartMill assigns a technical rating of 10 / 10 to PSHG.
Can you provide the trend direction for PERFORMANCE SHIPPING INC?
The current trend direction for PERFORMANCE SHIPPING INC (PSHG) is Bullish.
What is the RSI signal for PERFORMANCE SHIPPING INC (PSHG) stock?
PERFORMANCE SHIPPING INC (PSHG) has an RSI value of 67.1423. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PERFORMANCE SHIPPING INC?
The short term momentum for PERFORMANCE SHIPPING INC (PSHG) is positive.
What are the support and resistance levels for PERFORMANCE SHIPPING INC (PSHG) stock?
PERFORMANCE SHIPPING INC (PSHG) has a support level at 2.01. Check the full technical report for our detailed analysis of PSHG support and resistance levels.