POLESTAR AUTO CLASS C-1 ADS (PSNYW) Stock Technical Analysis
NASDAQ:PSNYW - Nasdaq - - Currency: USD
We assign a technical rating of 4 out of 10 to PSNYW. In the past year, PSNYW was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, PSNYW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PSNYW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.14
2 important support areas can be observed.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.17 to 0.17. 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 | NEUTRAL | NEUTRAL | The short term trend for PSNYW is neutral. |
| ChartMill Relative Strength | 62.77 | NEUTRAL | PSNYW is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of PSNYW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.98 | NEUTRAL | The RSI value for PSNYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PSNYW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.2 | NEUTRAL | The Stochastics value for PSNYW is a neutral value. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for PSNYW suggests high volalility. |
| Average Directional Index/ADX (14) | 26.07 | POSITIVE | The high ADX value value for PSNYW suggests a strong trend. |
NASDAQ:PSNYW (7/25/2025, 8:18:19 PM)
0.1644
+0.01 (+6.75%)