POLESTAR AUTO CLASS C-1 ADS (PSNYW) Technical Analysis
NASDAQ:PSNYW
Current stock price
PSNYW Technical Rating and Analysis
Taking everything into account, PSNYW scores 5 out of 10 in our technical rating. In the past year, PSNYW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, PSNYW is a bad performer in the overall market: 73% of all stocks are doing better.
- PSNYW 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 PSNYW is lagging the market.
- Warning: PSNYW has an average volume of 9310 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- PSNYW is one of the better performing stocks in the Automobiles industry, it outperforms 76% of 35 stocks in the same industry.
- In the last month PSNYW has a been trading in the 2.68 - 5.25 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PSNYW Weekly and Daily overview Charts
PSNYW Setup Rating and Analysis
PSNYW has an average technical rating and also the quality of the setup is only medium 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
PSNYW Support and Resistance Analysis
2.57
When analyzing the support we notice one important area.
- Support @2.60 from a horizontal line in the daily time frame.
PSNYW 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 PSNYW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSNYW is up. |
| ChartMill Relative Strength | 27.53 | NEGATIVE | PSNYW has a low relative strength, it was outperformed by 72.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSNYW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSNYW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PSNYW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.93 | NEUTRAL | The RSI value for PSNYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests PSNYW has a positive trend. |
| Stochastics (14,3) | 97.33 | OVERBOUGHT | The high Stochastics value suggests PSNYW may be overbought. |
| Average True Range in percent/ATR (20) | 12.35 | HIGH VOLATILITY | The high ATR as a percentage value for PSNYW suggests high volalility. |
| Average Directional Index/ADX (14) | 35.02 | POSITIVE | The high ADX value value for PSNYW suggests a strong trend. |
PSNYW Chart- and CandleStick Pattern Analysis
PSNYW Technicals: Chart, Performance Metrics, Trend & Indicators
5.25
+0.67 (+14.63%)
POLESTAR AUTO CLASS C-1 ADS / PSNYW TA FAQ
Can you provide the ChartMill technical rating for POLESTAR AUTO CLASS C-1 ADS?
ChartMill assigns a technical rating of 5 / 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 69.9285. 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 0.131288, 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 2.6. Check the full technical report for our detailed analysis of PSNYW support and resistance levels.