NASDAQ:PSIX - Nasdaq - US73933G2021 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to PSIX. Although PSIX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although PSIX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
52.20
We found 1 important support 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 | UP | POSITIVE | The long term trend for PSIX is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSIX is up. |
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) | 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). |
Relative Strength Index/RSI (14) | 76.5 | OVERBOUGHT | The high RSI value suggests PSIX may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests PSIX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.3 | OVERBOUGHT | The high Stochastics value suggests PSIX may be overbought. |
Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for PSIX suggests high volalility. |
Average Directional Index/ADX (14) | 56.4 | POSITIVE | The high ADX value value for PSIX suggests a strong trend. |
59.37
+6.63 (+12.57%)