INVESCO DORSEY WRIGHT CONSUM (PSL) Stock Technical Analysis
USA - NASDAQ:PSL - US46137V8862 - ETF
Taking everything into account, PSL scores 0 out of 10 in our technical rating. PSL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of PSL 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
101.56
When analyzing the support we notice one important area.
- A support zone ranging from 102.59 to 102.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 106.40 to 109.92. 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 114.01. 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 | 29.54 | NEGATIVE | PSL has a low relative strength, it was outperformed by 70.46% off all stocks 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) | DOWN | NEGATIVE | The current price of PSL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.81 | OVERSOLD | The low RSI value suggests PSL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.75 | NEGATIVE | The MACD value suggests PSL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.01 | OVERSOLD | The low Stochastics value suggests PSL may be oversold. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for PSL suggests low volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for PSL suggests a possible start of a new trend. |
NASDAQ:PSL (11/4/2025, 4:15:15 PM)
103.194
+0.59 (+0.58%)
INVESCO DORSEY WRIGHT CONSUM / PSL FAQ
Can you provide the ChartMill technical rating for INVESCO DORSEY WRIGHT CONSUM?
ChartMill assigns a technical rating of 0 / 10 to PSL.
What is the current trend direction of INVESCO DORSEY WRIGHT CONSUM (PSL) stock?
The current trend direction for INVESCO DORSEY WRIGHT CONSUM (PSL) is Bearish.
What is the RSI signal for PSL stock?
INVESCO DORSEY WRIGHT CONSUM (PSL) has an RSI value of 25.8119. This indicates that the stock is currently oversold.
What is the MACD signal for INVESCO DORSEY WRIGHT CONSUM (PSL) stock?
The MACD indicator for INVESCO DORSEY WRIGHT CONSUM (PSL) has a value of -0.745207, indicating a bearish trend.