POLESTAR AUTOMOTIVE-CL A ADS (PSNY) Technical Analysis
NASDAQ:PSNY • US7311054099
Current stock price
PSNY Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to PSNY. In the last year, PSNY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 84% of all other stocks performed better in the past year than PSNY.
- PSNY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSNY is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month PSNY has a been trading in the 16.14 - 21.09 range, which is quite wide. It is currently trading near the high of this range.
- PSNY is part of the Automobiles industry. There are 35 other stocks in this industry, PSNY did better than 47% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PSNY Weekly and Daily overview Charts
PSNY Setup Rating and Analysis
PSNY has an average technical rating and it also does not offer a high 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
PSNY Support and Resistance Analysis
13.49
3 important support areas can be observed.
- A support zone ranging from 17.56 to 17.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.36 from a horizontal line in the daily time frame.
- Support @13.63 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @21.58 from a trend line in the daily time frame.
- A resistance zone ranging from 23.28 to 23.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.90 from a trend line in the weekly time frame.
PSNY 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 | NEUTRAL | NEUTRAL | The long term trend for PSNY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSNY is up. |
| ChartMill Relative Strength | 16.88 | NEGATIVE | PSNY has a low relative strength, it was outperformed by 83.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSNY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSNY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSNY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.86 | NEUTRAL | The RSI value for PSNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests PSNY has a positive trend. |
| Stochastics (14,3) | 93.15 | OVERBOUGHT | The high Stochastics value suggests PSNY may be overbought. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for PSNY suggests high volalility. |
| Average Directional Index/ADX (14) | 19.13 | NEGATIVE | The low ADX value for PSNY suggests a weak or negative trend. |
PSNY Chart- and CandleStick Pattern Analysis
PSNY Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:PSNY (4/9/2026, 8:00:02 PM)
20.74
+0.12 (+0.58%)
POLESTAR AUTOMOTIVE-CL A ADS / PSNY TA FAQ
Can you provide the ChartMill technical rating for POLESTAR AUTOMOTIVE-CL A ADS?
ChartMill assigns a technical rating of 6 / 10 to PSNY.
Can you provide the trend direction for POLESTAR AUTOMOTIVE-CL A ADS?
The current trend direction for POLESTAR AUTOMOTIVE-CL A ADS (PSNY) is Bearish.
What is the RSI signal for POLESTAR AUTOMOTIVE-CL A ADS (PSNY) stock?
POLESTAR AUTOMOTIVE-CL A ADS (PSNY) has an RSI value of 65.861. This indicates that the stock is currently neutral.
What is the short term momentum for POLESTAR AUTOMOTIVE-CL A ADS (PSNY) stock?
The short term momentum for POLESTAR AUTOMOTIVE-CL A ADS (PSNY) is positive.
What are the support and resistance levels for POLESTAR AUTOMOTIVE-CL A ADS (PSNY) stock?
POLESTAR AUTOMOTIVE-CL A ADS (PSNY) has a support level at 17.69 and a resistance level at 21.58. Check the full technical report for our detailed analysis of PSNY support and resistance levels.