PERFORMANCE SHIPPING INC (PSHG) Stock Technical Analysis
USA - NASDAQ:PSHG - MHY673051543 - Common Stock
1.89 USD
+0.02 (+1.07%)
Taking everything into account, PSHG scores 6 out of 10 in our technical rating. Although PSHG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
64% of all other stocks performed better in the past year than PSHG.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month PSHG has a been trading in the 1.75 - 2.12 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PSHG is an average performer in the Marine Transportation industry, it outperforms 61% of 35 stocks in the same industry.
PSHG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PSHG is lagging the market.
Considerably lower volume is observed in the last couple of days.
PSHG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.62
2.14
We found 3 important support areas.
- Support @1.78 from a trend line in the daily time frame.
- A support zone ranging from 1.68 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.90 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.95 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.11 to 2.12. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for PSHG is neutral. |
| ChartMill Relative Strength | 36.71 | NEUTRAL | PSHG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PSHG is below 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) | 51.37 | NEUTRAL | The RSI value for PSHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PSHG has a negative trend. |
| Stochastics (14,3) | 31.27 | NEUTRAL | The Stochastics value for PSHG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for PSHG suggests high volalility. |
| Average Directional Index/ADX (14) | 36.25 | POSITIVE | The high ADX value value for PSHG 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)
NASDAQ:PSHG (9/12/2025, 8:09:40 PM)
1.89
+0.02 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.07%
1 Week0%
2 Weeks0%
1 Month1.07%
3 Month2.72%
6 Month22.74%
12 Month-0.79%
2 Year-4.06%
3 Year-53.68%
5 Year-97.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.2%
ATR Inc-29.11%
Range Today0.06
ADR(20)0.1
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.71
Mansfield-0.16
10 Day High2
10 Day Low1.82
20 Day High2.12
20 Day Low1.76
52 Week High2.34
52 Week Low1.3
CS1 End1.78
CR1 Start1.9
Volume & EV
DER(3)-8.67%
DER(5)-4.52%
Volume95.10K
Volume Incr-53.75%
Vol(5)49.96K
Vol(50)97.86K