Taking everything into account, PSIX scores 4 out of 10 in our technical rating. Although PSIX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PSIX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 67.86. Right above this resistance zone may be a good entry point.
More info and screens
56.57
We found 4 important support areas.
- Support @66.56 from a trend line in the daily time frame.
- A support zone ranging from 63.63 to 64.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 58.35 to 58.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.86 to 68.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 PSIX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSIX is neutral. |
| ChartMill Relative Strength | 87.63 | POSITIVE | PSIX has a high relative strength, it outperformed 87.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PSIX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for PSIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests PSIX has a positive trend. |
| Stochastics (14,3) | 62.78 | NEUTRAL | The Stochastics value for PSIX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for PSIX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.03 | NEGATIVE | The low ADX value for PSIX suggests a weak or negative trend. |
66.78
+3.61 (+5.71%)
POWER SOLUTIONS INTERNATIONA / PSIX FAQ
What is the ChartMill technical rating of POWER SOLUTIONS INTERNATIONA (PSIX) stock?
ChartMill assigns a technical rating of 4 / 10 to PSIX.
What is the trend direction for PSIX stock?
The current trend direction for POWER SOLUTIONS INTERNATIONA (PSIX) is Bearish.
Can you provide the RSI signal for POWER SOLUTIONS INTERNATIONA?
POWER SOLUTIONS INTERNATIONA (PSIX) has an RSI value of 53.7067. This indicates that the stock is currently neutral.
What is the MACD signal for POWER SOLUTIONS INTERNATIONA (PSIX) stock?
The MACD indicator for POWER SOLUTIONS INTERNATIONA (PSIX) has a value of 0.365247, indicating a bearish trend.
Can you provide the support and resistance levels for POWER SOLUTIONS INTERNATIONA?
POWER SOLUTIONS INTERNATIONA (PSIX) has a support level at 66.56 and a resistance level at 67.86. Check the full technical report for our detailed analysis of PSIX support and resistance levels.