PRICESMART INC (PSMT) Technical Analysis
NASDAQ:PSMT • US7415111092
Current stock price
146.43 USD
-0.75 (-0.51%)
At close:
146.43 USD
0 (0%)
After Hours:
PSMT Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to PSMT. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that PSMT is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, PSMT also shows a nice and consistent pattern of rising prices.
- PSMT is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 86% of 38 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 139.07 - 158.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSMT Weekly and Daily overview Charts
PSMT Setup Rating and Analysis
PSMT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 156.83. Right above this resistance zone may be a good entry point.
More info and screens
PSMT Support and Resistance Analysis
121.99
159.00
6 important support areas can be observed.
- A support zone ranging from 146.17 to 146.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 140.69 to 143.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @134.93 from a trend line in the weekly time frame.
- Support @132.22 from a trend line in the daily time frame.
- Support @129.81 from a trend line in the weekly time frame.
- Support @123.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 156.83 to 157.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
PSMT 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 | UP | POSITIVE | The long term trend for PSMT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSMT is neutral. |
| ChartMill Relative Strength | 91.04 | POSITIVE | PSMT has a high relative strength, it outperformed 91.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PSMT is below 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) | 48.3 | NEUTRAL | The RSI value for PSMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests PSMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.28 | NEUTRAL | The Stochastics value for PSMT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for PSMT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.64 | NEGATIVE | The low ADX value for PSMT suggests a weak or negative trend. |
PSMT Chart- and CandleStick Pattern Analysis
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)
PSMT Example Setup
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 |
|---|---|---|---|
| 152.88 | 146.16 | 6.72 (4.40%) | 22.75% |
| An entry @152.88. This is a Buy Stop order right above the 10 day high. | An exit @146.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.72 points, which is 4.40%. | For a 1.00% total portfolio risk, you can invest 22.75% 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.
PSMT Technicals: Chart, Performance Metrics, Trend & Indicators
146.43
-0.75 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.51%
1 Week2.64%
2 Weeks-0.25%
1 Month-4.79%
3 Month17.19%
6 Month21.08%
12 Month70.17%
2 Year74.32%
3 Year104.86%
5 Year51.35%
10 Year73.13%
15 Year299.65%
Volatility
ATR(14)5.44
ATR(20)%3.66%
ATR Inc-20.44%
Range Today3.6
ADR(20)5.09
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.04
3 months CRS90.31
6 months CRS88.55
Mansfield2.2
10 Day High152.87
10 Day Low139.07
20 Day High158.01
20 Day Low139.07
52 Week High158.01
52 Week Low81.25
CS1 End146.24
CR1 Start156.83
Volume & EV
DER(3)1.54%
DER(5)0.61%
Volume194.50K
Volume Incr39.83%
Vol(5)284.80K
Vol(50)225.69K
PRICESMART INC / PSMT TA FAQ
Can you provide the ChartMill technical rating for PRICESMART INC?
ChartMill assigns a technical rating of 8 / 10 to PSMT.
What is the current trend direction of PRICESMART INC (PSMT) stock?
The current trend direction for PRICESMART INC (PSMT) is Bullish.
What is the RSI signal for PSMT stock?
PRICESMART INC (PSMT) has an RSI value of 48.3017. This indicates that the stock is currently neutral.
What is the MACD signal for PSMT stock?
The MACD indicator for PRICESMART INC (PSMT) has a value of -0.287892, indicating a bearish trend.
Can you provide the short term momentum for PRICESMART INC?
The short term momentum for PRICESMART INC (PSMT) is neutral.