POWER SOLUTIONS INTERNATIONA (PSIX) Technical Analysis
NASDAQ:PSIX • US73933G2021
Current stock price
PSIX Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to PSIX. 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 is part of the Electrical Equipment industry. There are 92 other stocks in this industry. PSIX outperforms 74% of them.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that PSIX is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 10 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.
- In the last month PSIX has a been trading in the 61.06 - 88.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSIX Weekly and Daily overview Charts
PSIX Setup Rating and Analysis
PSIX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for PSIX 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.
More info and screens
PSIX Support and Resistance Analysis
50.95
When analyzing the support we can see 2 important areas.
- Support @66.96 from a horizontal line in the daily time frame.
- A support zone ranging from 51.46 to 52.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @79.60 from a horizontal line in the weekly time frame.
- Resistance @82.25 from a trend line in the daily time frame.
- Resistance @89.66 from a trend line in the daily time frame.
- Resistance @92.90 from a trend line in the weekly time frame.
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 | 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 | 94.03 | POSITIVE | PSIX has a high relative strength, it outperformed 94.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PSIX is below 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) | DOWN | NEGATIVE | The current price of PSIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.97 | NEUTRAL | The RSI value for PSIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.29 | NEGATIVE | The MACD value suggests PSIX has a negative trend. |
| Stochastics (14,3) | 17.5 | OVERSOLD | The low Stochastics value suggests PSIX may be oversold. |
| Average True Range in percent/ATR (20) | 8.93 | HIGH VOLATILITY | The high ATR as a percentage value for PSIX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.53 | NEGATIVE | The low ADX value for PSIX suggests a weak or negative trend. |
PSIX Chart- and CandleStick Pattern Analysis
PSIX Technicals: Chart, Performance Metrics, Trend & Indicators
70.5
-2.77 (-3.78%)
POWER SOLUTIONS INTERNATIONA / PSIX TA 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.
What is the RSI signal for PSIX stock?
POWER SOLUTIONS INTERNATIONA (PSIX) has an RSI value of 47.9738. This indicates that the stock is currently neutral.
What is the support and resistance level for PSIX stock?
POWER SOLUTIONS INTERNATIONA (PSIX) has a support level at 66.96 and a resistance level at 79.6. Check the full technical report for our detailed analysis of PSIX support and resistance levels.