PARAMOUNT SKYDANCE CL B (PSKY) Stock Technical Analysis
USA - NASDAQ:PSKY - US69932A2042 - Common Stock
16.77 USD
-0.13 (-0.77%)
16.77 USD
0 (0%)
Taking everything into account, PSKY scores 2 out of 10 in our technical rating. In the last year, PSKY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, PSKY is a bad performer in the overall market: 100% of all stocks are doing better.
PSKY is one of the lesser performing stocks in the Media industry. 84% of 95 stocks in the same industry do better.
In the last month PSKY has a been trading in the 16.51 - 20.86 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
The technical rating of PSKY 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.
More info and screens
16.59
19.32
When analyzing the support we notice one important area.
- A support zone ranging from 16.76 to 16.76. 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 19.09 to 19.13. 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 | UP | POSITIVE | The long term trend for PSKY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSKY is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PSKY 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 PSKY is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 43.15 | NEUTRAL | The RSI value for PSKY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests PSKY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.73 | OVERSOLD | The low Stochastics value suggests PSKY may be oversold. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for PSKY suggests high volalility. |
| Average Directional Index/ADX (14) | 38.43 | POSITIVE | The high ADX value value for PSKY suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
16.77
-0.13 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.77%
1 Week-1.35%
2 Weeks-12.15%
1 Month-11.36%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%5.22%
ATR Inc-27.57%
Range Today0.48
ADR(20)0.87
ADR(20)%5.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.22
10 Day Low16.51
20 Day High20.86
20 Day Low16.51
52 Week HighN/A
52 Week LowN/A
CS1 End16.76
CR1 Start19.09
Volume & EV
DER(3)-0.21%
DER(5)0.77%
Volume4.21M
Volume Incr-56.45%
Vol(5)4.20M
Vol(50)N/A