POLESTAR AUTO CLASS C-1 ADS (PSNYW) Stock Technical Analysis
USA - NASDAQ:PSNYW -
0.237 USD
-0.02 (-9.37%)
0.2368 USD
0 (-0.08%)
Taking everything into account, PSNYW scores 6 out of 10 in our technical rating. In the last year, PSNYW was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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 0.17 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
PSNYW is part of the Automobiles industry. There are 36 other stocks in this industry. PSNYW outperforms 85% of them.
PSNYW has an average volume of 5530020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, PSNYW did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
PSNYW has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.14
0.25
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.17 from a trend line in the daily time frame.
- Support @0.15 from a trend line in the weekly time frame.
- Support @0.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 86.62 | POSITIVE | PSNYW has a high relative strength, it outperformed 86.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSNYW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PSNYW is below 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) | 44.77 | 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. |
| Stochastics (14,3) | 22.32 | NEUTRAL | The Stochastics value for PSNYW is a neutral value. |
| Average True Range in percent/ATR (20) | 20.81 | HIGH VOLATILITY | The high ATR as a percentage value for PSNYW suggests high volalility. |
| Average Directional Index/ADX (14) | 38.7 | 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)
0.237
-0.02 (-9.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-9.37%
1 Week-14.54%
2 Weeks-1.93%
1 Month-6.85%
3 Month42.44%
6 Month48.45%
12 Month12.93%
2 Year3.04%
3 Year-81.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%20.81%
ATR Inc-29.88%
Range Today0.04
ADR(20)0.04
ADR(20)%17.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.62
3 months CRS93.03
6 months CRS87.15
Mansfield0.85
10 Day High0.35
10 Day Low0.22
20 Day High0.48
20 Day Low0.17
52 Week High0.8
52 Week Low0.12
CS1 End0.23
CR1 Start0.25
Volume & EV
DER(3)-14.99%
DER(5)-13.2%
Volume425.35K
Volume Incr-81.44%
Vol(5)574.38K
Vol(50)5.53M
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 6 / 10 to PSNYW.
What is the current trend direction of POLESTAR AUTO CLASS C-1 ADS (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 44.7671. This indicates that the stock is currently neutral.
What is the support and resistance level for PSNYW stock?
POLESTAR AUTO CLASS C-1 ADS (PSNYW) has a support level at 0.23 and a resistance level at 0.25. Check the full technical report for our detailed analysis of PSNYW support and resistance levels.