POLESTAR AUTO CLASS C-1 ADS (PSNYW) Stock Technical Analysis
NASDAQ:PSNYW -
0.295 USD
-0.17 (-37.23%)
0.3 USD
+0.01 (+1.69%)
We assign a technical rating of 9 out of 10 to PSNYW. PSNYW has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
PSNYW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PSNYW has a been trading in the 0.15 - 0.80 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that PSNYW is one of the better performing stocks in the market, outperforming 96% of all stocks.
PSNYW is part of the Automobiles industry. There are 37 other stocks in this industry. PSNYW outperforms 100% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PSNYW has an average volume of 2749510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although PSNYW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.14
0.30
We found 2 important support areas.
- Support @0.15 from a trend line in the daily time frame.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 96.57 | POSITIVE | PSNYW has a high relative strength, it outperformed 96.57% 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 | POSITIVE | The current price of PSNYW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.95 | NEUTRAL | The RSI value for PSNYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PSNYW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.13 | NEUTRAL | The Stochastics value for PSNYW is a neutral value. |
| Average True Range in percent/ATR (20) | 18.52 | HIGH VOLATILITY | The high ATR as a percentage value for PSNYW suggests high volalility. |
| Average Directional Index/ADX (14) | 54.61 | POSITIVE | The high ADX value value for PSNYW suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.295
-0.17 (-37.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-37.23%
1 Week83.46%
2 Weeks89.95%
1 Month95.36%
3 Month84.26%
6 Month55.51%
12 Month115.33%
2 Year-50%
3 Year-80.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%18.52%
ATR Inc2535.11%
Range Today0.08
ADR(20)0.04
ADR(20)%14.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.57
Mansfield3.84
10 Day High0.8
10 Day Low0.15
20 Day High0.8
20 Day Low0.15
52 Week High0.8
52 Week Low0.12
CS1 End0.15
CR1 StartN/A
Volume & EV
DER(3)6.64%
DER(5)10.87%
Volume4.45M
Volume Incr37229.79%
Vol(5)26.67M
Vol(50)2.75M