PS INTERNATIONAL GROUP LTD (PSIG) Stock Technical Analysis
USA - NASDAQ:PSIG - KYG7308J1132 - Common Stock
We assign a technical rating of 5 out of 10 to PSIG. PSIG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, PSIG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.90. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PSIG 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.
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2.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.71 to 3.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.52 to 3.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.82 from a trend line in the weekly time frame.
- Support @2.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.90 to 3.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.10 to 4.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.71 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for PSIG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSIG is neutral. |
| ChartMill Relative Strength | 54.14 | NEUTRAL | PSIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PSIG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.99 | NEUTRAL | The RSI value for PSIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PSIG has a negative trend. |
| Stochastics (14,3) | 61.93 | NEUTRAL | The Stochastics value for PSIG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.48 | HIGH VOLATILITY | The high ATR as a percentage value for PSIG suggests high volalility. |
| Average Directional Index/ADX (14) | 13.89 | NEGATIVE | The low ADX value for PSIG suggests a weak or negative trend. |
3.75
-0.21 (-5.3%)
PS INTERNATIONAL GROUP LTD / PSIG FAQ
What is the ChartMill technical rating of PS INTERNATIONAL GROUP LTD (PSIG) stock?
ChartMill assigns a technical rating of 5 / 10 to PSIG.
Can you provide the trend direction for PS INTERNATIONAL GROUP LTD?
The current trend direction for PS INTERNATIONAL GROUP LTD (PSIG) is Bearish.
What is the RSI signal for PSIG stock?
PS INTERNATIONAL GROUP LTD (PSIG) has an RSI value of 45.9873. This indicates that the stock is currently neutral.
What is the MACD signal for PSIG stock?
The MACD indicator for PS INTERNATIONAL GROUP LTD (PSIG) has a value of -0.0116766, indicating a bearish trend.
Can you provide the short term momentum for PS INTERNATIONAL GROUP LTD?
The short term momentum for PS INTERNATIONAL GROUP LTD (PSIG) is neutral.