POWER SOLUTIONS INTERNATIONA (PSIX) Technical Analysis
NASDAQ:PSIX • US73933G2021
Current stock price
PSIX Technical Rating and Analysis
Overall PSIX gets a technical rating of 3 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month PSIX has a been trading in the 48.52 - 97.04 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, PSIX did better than 86% of all other stocks.
- PSIX is part of the Electrical Equipment industry. There are 92 other stocks in this industry, PSIX did better than 67% of them.
- PSIX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSIX is lagging the market slightly.
PSIX Weekly and Daily overview Charts
PSIX Setup Rating and Analysis
PSIX has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
PSIX Support and Resistance Analysis
50.94
When analyzing the support we notice one important area.
- A support zone ranging from 51.45 to 52.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @60.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 94.65 to 96.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
PSIX Technical Indicator Signal Analysis
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 | 86.54 | POSITIVE | PSIX has a high relative strength, it outperformed 86.54% 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) | 36.05 | NEUTRAL | The RSI value for PSIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests PSIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.43 | OVERSOLD | The low Stochastics value suggests PSIX may be oversold. |
| Average True Range in percent/ATR (20) | 12.38 | HIGH VOLATILITY | The high ATR as a percentage value for PSIX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.65 | POSITIVE | The high ADX value value for PSIX suggests a strong trend. |
PSIX Chart- and CandleStick Pattern Analysis
PSIX Technicals: Chart, Performance Metrics, Trend & Indicators
52.84
-1.46 (-2.69%)
POWER SOLUTIONS INTERNATIONA / PSIX TA FAQ
What is the ChartMill technical rating of POWER SOLUTIONS INTERNATIONA (PSIX) stock?
ChartMill assigns a technical rating of 3 / 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 36.0494. 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 -0.891081, 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 52.14 and a resistance level at 60.58. Check the full technical report for our detailed analysis of PSIX support and resistance levels.