Overall PSNYW gets a technical rating of 2 out of 10. PSNYW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of PSNYW 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
4.12
2 important support areas can be observed.
- Support @4.33 from a trend line in the weekly time frame.
- Support @4.16 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.03 to 7.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.30 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for PSNYW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSNYW is up. |
| ChartMill Relative Strength | 14.87 | NEGATIVE | PSNYW has a low relative strength, it was outperformed by 85.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PSNYW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSNYW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSNYW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.2 | NEUTRAL | The RSI value for PSNYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests PSNYW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.59 | OVERBOUGHT | The high Stochastics value suggests PSNYW may be overbought. |
| Average True Range in percent/ATR (20) | 13.35 | HIGH VOLATILITY | The high ATR as a percentage value for PSNYW suggests high volalility. |
| Average Directional Index/ADX (14) | 23.96 | NEUTRAL | The ADX value for PSNYW suggests a possible start of a new trend. |
6.37
-0.55 (-7.95%)
POLESTAR AUTO CLASS C-1 ADS / PSNYW FAQ
Can you provide the ChartMill technical rating for POLESTAR AUTO CLASS C-1 ADS?
ChartMill assigns a technical rating of 2 / 10 to PSNYW.
What is the trend direction for PSNYW stock?
The current trend direction for POLESTAR AUTO CLASS C-1 ADS (PSNYW) is Bearish.
What is the RSI signal for PSNYW stock?
POLESTAR AUTO CLASS C-1 ADS (PSNYW) has an RSI value of 52.1999. This indicates that the stock is currently neutral.
Can you provide the MACD signal for POLESTAR AUTO CLASS C-1 ADS?
The MACD indicator for POLESTAR AUTO CLASS C-1 ADS (PSNYW) has a value of 0.271734, indicating a bearish trend.
Can you provide the support and resistance levels for POLESTAR AUTO CLASS C-1 ADS?
POLESTAR AUTO CLASS C-1 ADS (PSNYW) has a support level at 4.33 and a resistance level at 7.03. Check the full technical report for our detailed analysis of PSNYW support and resistance levels.