Overall PSNY gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PSNY was also a bad performer in the overall market in the last year.
The technical rating of PSNY 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.
More info and screens
20.78
2 important resistance areas can be observed.
- Resistance @22.20 from a horizontal line in the daily time frame.
- Resistance @35.64 from a trend line in the weekly time frame.
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 PSNY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSNY is up. |
| ChartMill Relative Strength | 10.4 | NEGATIVE | PSNY has a low relative strength, it was outperformed by 89.6% 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) | DOWN | MIXED | The current price of PSNY is above a declining 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) | 58.33 | NEUTRAL | The RSI value for PSNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests PSNY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.51 | OVERBOUGHT | The high Stochastics value suggests PSNY may be overbought. |
| Average True Range in percent/ATR (20) | 8.63 | HIGH VOLATILITY | The high ATR as a percentage value for PSNY suggests high volalility. |
| Average Directional Index/ADX (14) | 33.18 | POSITIVE | The high ADX value value for PSNY suggests a strong trend. |
20.99
-1.21 (-5.45%)
POLESTAR AUTOMOTIVE-CL A ADS / PSNY FAQ
Can you provide the ChartMill technical rating for POLESTAR AUTOMOTIVE-CL A ADS?
ChartMill assigns a technical rating of 3 / 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 PSNY stock?
POLESTAR AUTOMOTIVE-CL A ADS (PSNY) has an RSI value of 58.3258. This indicates that the stock is currently neutral.
Can you provide the MACD signal for POLESTAR AUTOMOTIVE-CL A ADS?
The MACD indicator for POLESTAR AUTOMOTIVE-CL A ADS (PSNY) has a value of 0.757198, indicating a bearish trend.
What is the buy/sell signal for POLESTAR AUTOMOTIVE-CL A ADS (PSNY) stock?
The buy/sell signal for POLESTAR AUTOMOTIVE-CL A ADS (PSNY) is hold as the short term and long term trends are mixed.