Taking everything into account, PSIX scores 6 out of 10 in our technical rating. Although PSIX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- PSIX is one of the better performing stocks in the Electrical Equipment industry, it outperforms 80% of 91 stocks in the same industry.
- In the last month PSIX has a been trading in the 63.78 - 81.41 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, PSIX did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- PSIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PSIX is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, PSIX does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
61.78
We found 1 important support area.
- A support zone ranging from 62.40 to 62.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.98 to 80.98. This zone is formed by a combination of multiple trend lines 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 | 93.92 | POSITIVE | PSIX has a high relative strength, it outperformed 93.92% 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) | UP | POSITIVE | The current price of PSIX is above the rising 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) | 59.48 | NEUTRAL | The RSI value for PSIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests PSIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.9 | NEUTRAL | The Stochastics value for PSIX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.61 | HIGH VOLATILITY | The high ATR as a percentage value for PSIX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for PSIX suggests a weak or negative trend. |
80.97
+13.02 (+19.16%)
POWER SOLUTIONS INTERNATIONA / PSIX FAQ
What is the ChartMill technical rating of POWER SOLUTIONS INTERNATIONA (PSIX) stock?
ChartMill assigns a technical rating of 6 / 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 59.476. 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 -0.302454, 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 62.77 and a resistance level at 80.98. Check the full technical report for our detailed analysis of PSIX support and resistance levels.