PERFORMANCE SHIPPING INC (PSHG) Stock Technical Analysis
NASDAQ:PSHG - Nasdaq - MHY673051543 - Common Stock - Currency: USD
Taking everything into account, PSHG scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PSHG was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PSHG is a bad performer in the overall market: 75% of all stocks are doing better.
PSHG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PSHG is one of the better performing stocks in the Marine Transportation industry, it outperforms 80% of 32 stocks in the same industry.
In the last month PSHG has a been trading in the 1.31 - 1.66 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of PSHG 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
1.57
1.87
We can see 4 important resistance areas.
- Resistance @1.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @1.68 from a horizontal line in the daily time frame.
- Resistance @1.85 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.79
Mansfield-1.37
10 Day High1.66
10 Day Low1.31
20 Day High1.66
20 Day Low1.31
52 Week High2.58
52 Week Low1.3
Performance
1 Week17.73%
2 Weeks16.06%
1 Month11.15%
3 Month-2.49%
6 Month-20.13%
12 Month-26.76%
2 Year110.49%
3 Year-85.72%
5 Year-98.38%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)65.83
LBB1.23
UBB1.6
1.5894
+0.02 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.24%
1 Week17.73%
2 Weeks16.06%
1 Month11.15%
3 Month-2.49%
6 Month-20.13%
12 Month-26.76%
2 Year110.49%
3 Year-85.72%
5 Year-98.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.46%
ATR Inc44.36%
Range Today0.05
ADR(20)0.07
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.79
Mansfield-1.37
10 Day High1.66
10 Day Low1.31
20 Day High1.66
20 Day Low1.31
52 Week High2.58
52 Week Low1.3
CS1 EndN/A
CR1 Start1.6
Volume & EV
DER(3)15.27%
DER(5)16.35%
Volume16.30K
Volume Incr19.04%
Vol(5)57.78K
Vol(50)42.64K