Overall PSKY gets a technical rating of 0 out of 10. PSKY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than PSKY.
- PSKY is part of the Media industry. There are 93 other stocks in this industry, of which 82% are performing better than PSKY.
- In the last month PSKY has a been trading in the 11.42 - 14.10 range, which is quite wide. It is currently trading near the lows of this range.
- PSKY has an average volume of 9400940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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
11.42
When analyzing the support we notice one important area.
- A support zone ranging from 11.54 to 11.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.24 to 13.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 PSKY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSKY is down. |
| 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). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSKY is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 25.9 | OVERSOLD | The low RSI value suggests PSKY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PSKY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.22 | OVERSOLD | The low Stochastics value suggests PSKY may be oversold. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for PSKY suggests some volalility. |
| Average Directional Index/ADX (14) | 33.01 | POSITIVE | The high ADX value value for PSKY suggests a strong trend. |
11.6
+0.05 (+0.43%)
PARAMOUNT SKYDANCE CL B / PSKY FAQ
What is the technical rating for PSKY stock?
ChartMill assigns a technical rating of 0 / 10 to PSKY.
What is the current trend direction of PARAMOUNT SKYDANCE CL B (PSKY) stock?
The current trend direction for PARAMOUNT SKYDANCE CL B (PSKY) is Bearish.
What is the RSI signal for PARAMOUNT SKYDANCE CL B (PSKY) stock?
PARAMOUNT SKYDANCE CL B (PSKY) has an RSI value of 25.9003. This indicates that the stock is currently oversold.
What are the support and resistance levels for PARAMOUNT SKYDANCE CL B (PSKY) stock?
PARAMOUNT SKYDANCE CL B (PSKY) has a support level at 11.59 and a resistance level at 13.24. Check the full technical report for our detailed analysis of PSKY support and resistance levels.