USA - NASDAQ:PSIX - US73933G2021 - Common Stock
We assign a technical rating of 0 out of 10 to PSIX. PSIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of PSIX 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.
52.52
We found 1 important resistance area.
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 PSIX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSIX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PSIX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PSIX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.5 | OVERSOLD | The low RSI value suggests PSIX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.42 | NEGATIVE | The MACD value suggests PSIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.72 | NEUTRAL | The Stochastics value for PSIX is a neutral value. |
| Average True Range in percent/ATR (20) | 14.2 | HIGH VOLATILITY | The high ATR as a percentage value for PSIX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.85 | POSITIVE | The high ADX value value for PSIX suggests a strong trend. |
53.05
-1.51 (-2.77%)
ChartMill assigns a technical rating of 0 / 10 to PSIX.
The current trend direction for POWER SOLUTIONS INTERNATIONA (PSIX) is Bearish.
POWER SOLUTIONS INTERNATIONA (PSIX) has an RSI value of 28.4967. This indicates that the stock is currently oversold.
The MACD indicator for POWER SOLUTIONS INTERNATIONA (PSIX) has a value of -2.42065, indicating a bearish trend.
POWER SOLUTIONS INTERNATIONA (PSIX) has a resistance level at 84.75. Check the full technical report for our detailed analysis of PSIX support and resistance levels.