PRICESMART INC (PSMT) Stock Technical Analysis
NASDAQ:PSMT - Nasdaq - US7415111092 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to PSMT. Both in the recent history as in the last year, PSMT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PSMT is one of the better performing stocks in the market, outperforming 90% of all stocks.
PSMT is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 82% of 41 stocks in the same industry.
PSMT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PSMT is performing more or less in line with the market.
In the last month PSMT has a been trading in the 102.14 - 109.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSMT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 105.44, a Stop Loss order could be placed below this zone.
More info and screens
82.25
109.43
4 important support areas can be observed.
- A support zone ranging from 105.44 to 105.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.10 from a horizontal line in the daily time frame.
- Support @86.87 from a trend line in the weekly time frame.
- Support @83.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 106.61 to 108.35. 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 | UP | POSITIVE | The long term trend for PSMT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSMT is up. |
| ChartMill Relative Strength | 90.24 | POSITIVE | PSMT has a high relative strength, it outperformed 90.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PSMT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.65 | NEUTRAL | The RSI value for PSMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests PSMT has a negative trend. |
| Stochastics (14,3) | 54.22 | NEUTRAL | The Stochastics value for PSMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PSMT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.44 | POSITIVE | The high ADX value value for PSMT 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 108.36 | 105.43 | 2.93 (2.70%) | 25.00% |
| An entry @108.36. This is a Buy Stop order right above the resistance zone. | An exit @105.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.93 points, which is 2.70%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PSMT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
105.45
-2.02 (-1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.88%
1 Week-2.53%
2 Weeks-2.34%
1 Month1.92%
3 Month26.24%
6 Month12.26%
12 Month33.9%
2 Year42.38%
3 Year47.21%
5 Year74.79%
10 Year15.57%
15 Year353.94%
Volatility
ATR(14)2.15
ATR(20)%2.15%
ATR Inc-20.64%
Range Today2.16
ADR(20)2.2
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.24
Mansfield1.11
10 Day High109.84
10 Day Low105.13
20 Day High109.84
20 Day Low102.14
52 Week High109.84
52 Week Low77.65
CS1 End105.44
CR1 Start106.61
Volume & EV
DER(3)-1.39%
DER(5)-0.24%
Volume201.90K
Volume Incr-4.17%
Vol(5)166.70K
Vol(50)227.37K