PERFORMANCE SHIPPING INC (PSHG) Technical Analysis
NASDAQ:PSHG • MHY673051543
Current stock price
1.84 USD
-0.15 (-7.54%)
At close:
1.88 USD
+0.04 (+2.17%)
Pre-Market:
PSHG Technical Rating and Analysis
Overall PSHG gets a technical rating of 1 out of 10. PSHG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- PSHG is one of the lesser performing stocks in the Marine Transportation industry. 64% of 35 stocks in the same industry do better.
- In the last month PSHG has a been trading in the 1.80 - 2.55 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, PSHG outperforms 48% of them, which is more or less in line with the market.
- PSHG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSHG is lagging the market slightly.
PSHG Weekly and Daily overview Charts
PSHG Setup Rating and Analysis
The technical rating of PSHG 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
PSHG Support and Resistance Analysis
1.82
2.42
4 important resistance areas can be observed.
- Resistance @2.05 from a horizontal line in the daily time frame.
- Resistance @2.27 from a trend line in the weekly time frame.
- Resistance @2.35 from a trend line in the daily time frame.
- Resistance @2.40 from a horizontal line in the weekly time frame.
PSHG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for PSHG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSHG is down. |
| ChartMill Relative Strength | 48.42 | NEUTRAL | PSHG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSHG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSHG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PSHG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.36 | NEUTRAL | The RSI value for PSHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PSHG has a negative trend. |
| Stochastics (14,3) | 6.03 | OVERSOLD | The low Stochastics value suggests PSHG may be oversold. |
| Average True Range in percent/ATR (20) | 8.93 | HIGH VOLATILITY | The high ATR as a percentage value for PSHG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for PSHG suggests a weak or negative trend. |
PSHG Chart- and CandleStick Pattern Analysis
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)
PSHG Technicals: Chart, Performance Metrics, Trend & Indicators
1.84
-0.15 (-7.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-7.54%
1 Week-18.58%
2 Weeks-18.58%
1 Month-15.21%
3 Month-17.12%
6 Month-0.54%
12 Month18.71%
2 Year-2.65%
3 Year138.96%
5 Year-97.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%8.93%
ATR Inc-2.53%
Range Today0.13
ADR(20)0.16
ADR(20)%8.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.42
3 months CRS20.46
6 months CRS55.1
Mansfield-0.6
10 Day High2.43
10 Day Low1.8
20 Day High2.55
20 Day Low1.8
52 Week High2.58
52 Week Low1.3
CS1 EndN/A
CR1 Start2.05
Volume & EV
DER(3)-10.8%
DER(5)-6.69%
Volume450.10K
Volume Incr5.2%
Vol(5)209.42K
Vol(50)134.38K
PERFORMANCE SHIPPING INC / PSHG TA FAQ
Can you provide the ChartMill technical rating for PERFORMANCE SHIPPING INC?
ChartMill assigns a technical rating of 1 / 10 to PSHG.
What is the current trend direction of PERFORMANCE SHIPPING INC (PSHG) stock?
The current trend direction for PERFORMANCE SHIPPING INC (PSHG) is Bearish.
What is the RSI signal for PERFORMANCE SHIPPING INC (PSHG) stock?
PERFORMANCE SHIPPING INC (PSHG) has an RSI value of 34.362. This indicates that the stock is currently neutral.
What is the MACD signal for PSHG stock?
The MACD indicator for PERFORMANCE SHIPPING INC (PSHG) has a value of -0.0464212, indicating a bearish trend.
Can you provide the short term momentum for PERFORMANCE SHIPPING INC?
The short term momentum for PERFORMANCE SHIPPING INC (PSHG) is negative.