NASDAQ:PSNL - US71535D1063 - Common Stock
Taking everything into account, PSNL scores 0 out of 10 in our technical rating. PSNL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PSNL has a bad technical rating, but it does show 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 4.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PSNL in the last couple of days, which is a good sign.
4.09
We found 4 important support areas.
We found 1 important resistance area.
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 PSNL is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSNL is down. |
ChartMill Relative Strength | 22.12 | NEGATIVE | PSNL has a low relative strength, it was outperformed by 77.88% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSNL is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSNL is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of PSNL is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 43.13 | NEUTRAL | The RSI value for PSNL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PSNL has a positive trend. |
Stochastics (14,3) | 67.37 | NEUTRAL | The Stochastics value for PSNL is a neutral value. |
Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for PSNL suggests high volalility. |
Average Directional Index/ADX (14) | 24.19 | NEUTRAL | The ADX value for PSNL suggests a possible start of a new trend. |
4.78
0 (0%)