INVESCO DORSEY WRIGHT CONSUM (PSL) Stock Technical Analysis
NASDAQ:PSL - Nasdaq - US46137V8862 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to PSL. PSL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: PSL has an average volume of 4024 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, PSL turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
PSL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSL is lagging the market slightly.
In the last month PSL has a been trading in a tight range between 107.83 and 111.09.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PSL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
100.75
115.16
When analyzing the support we can see 3 important areas.
- Support @108.30 from a horizontal line in the weekly time frame.
- A support zone ranging from 103.77 to 104.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @101.77 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 108.36 to 110.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 112.43 to 114.02. 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 PSL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSL is down. |
| ChartMill Relative Strength | 53.5 | NEUTRAL | PSL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.82 | NEUTRAL | The RSI value for PSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests PSL has a negative trend. |
| Stochastics (14,3) | 23.18 | NEUTRAL | The Stochastics value for PSL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for PSL suggests low volalility. |
| Average Directional Index/ADX (14) | 11.63 | NEGATIVE | The low ADX value for PSL suggests a weak or negative 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)
NASDAQ:PSL (8/1/2025, 8:00:00 PM)
108.305
+0.08 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week-0.43%
2 Weeks-0.89%
1 Month-2.76%
3 Month-1.81%
6 Month-2.89%
12 Month10.47%
2 Year23.17%
3 Year33.36%
5 Year40.47%
10 Year95.85%
15 Year326.23%
Volatility
ATR(14)0.89
ATR(20)%0.79%
ATR Inc-16.51%
Range Today0.58
ADR(20)0.67
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.5
Mansfield-0.49
10 Day High110.35
10 Day Low107.83
20 Day High111.09
20 Day Low107.83
52 Week High114.45
52 Week Low95.17
CS1 End108.3
CR1 Start108.36
Volume & EV
DER(3)0.68%
DER(5)0.93%
Volume1.20K
Volume Incr-50.85%
Vol(5)2.32K
Vol(50)4.02K