PASON SYSTEMS INC (PSI.CA) Stock Technical Analysis
TSX:PSI - Toronto Stock Exchange - CA7029251088 - Common Stock - Currency: CAD
Overall PSI gets a technical rating of 2 out of 10. In the past year, PSI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% of all other stocks performed better in the past year than PSI.
PSI is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry, of which 65% are performing better than PSI.
PSI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSI is lagging the market.
In the last month PSI has a been trading in the 10.74 - 12.09 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is bad, PSI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.81. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PSI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.61
15.18
We found 1 important support area.
- Support @10.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 11.81 to 12.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.85 from a trend line in the daily time frame.
- Resistance @13.52 from a trend line in the weekly time frame.
- Resistance @14.08 from a trend line in the daily time frame.
- Resistance @15.03 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 | DOWN | NEGATIVE | The long term trend for PSI.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSI.CA is up. |
| ChartMill Relative Strength | 18.01 | NEGATIVE | PSI.CA has a low relative strength, it was outperformed by 81.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.3 | NEUTRAL | The RSI value for PSI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PSI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.68 | NEUTRAL | The Stochastics value for PSI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for PSI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for PSI.CA suggests a possible start of a new 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)
TSX:PSI (5/23/2025, 7:00:00 PM)
11.8
+0.04 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.34%
1 Week0.68%
2 Weeks5.36%
1 Month5.36%
3 Month-10.81%
6 Month-21.33%
12 Month-24.55%
2 Year3.87%
3 Year-26.3%
5 Year64.35%
10 Year-46.97%
15 Year6.79%
Volatility
ATR(14)0.31
ATR(20)%2.95%
ATR Inc-46.72%
Range Today0.2
ADR(20)0.33
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.01
Mansfield-1.78
10 Day High12.09
10 Day Low10.95
20 Day High12.09
20 Day Low10.74
52 Week High18.59
52 Week Low10.43
CS1 End10.72
CR1 Start11.81
Volume & EV
DER(3)9.05%
DER(5)8.14%
Volume129.78K
Volume Incr1.34%
Vol(5)167.10K
Vol(50)164.10K