PSM Technical Analysis - PROSIEBENSAT.1 MEDIA SE

Technical Rating and Analysis

Taking everything into account, PSM scores 0 out of 10 in our technical rating. PSM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

91% of all other stocks performed better in the past year than PSM.

PSM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month PSM has a been trading in the 5.57 - 8.53 range, which is quite wide. It is currently trading near the lows of this range.

PSM is part of the Media industry. There are 64 other stocks in this industry, PSM did better than 49% of them.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

PROSIEBENSAT.1 MEDIA SE / PSM Weekly stock chart

PROSIEBENSAT.1 MEDIA SE / PSM Daily stock chart

Setup Rating and Analysis

The technical rating of PSM 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

5.52

5.64

When analyzing the support we notice one important area.

A support zone ranging from 5.58 to 5.58. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for PSM.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PSM.DE is down.
ChartMill Relative Strength	9.22	NEGATIVE	PSM.DE has a low relative strength, it was outperformed by 90.78% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PSM.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PSM.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of PSM.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)	21.32	OVERSOLD	The low RSI value suggests PSM.DE may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.12	NEGATIVE	The MACD value suggests PSM.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	1.05	OVERSOLD	The low Stochastics value suggests PSM.DE may be oversold.
Average True Range in percent/ATR (20)	6.05	HIGH VOLATILITY	The high ATR as a percentage value for PSM.DE suggests high volalility.
Average Directional Index/ADX (14)	39.36	POSITIVE	The high ADX value value for PSM.DE suggests a strong trend.