POLESTAR AUTO CLASS C-1 ADS (PSNYW) Stock Technical Analysis
NASDAQ:PSNYW - Nasdaq - - Currency: USD
Taking everything into account, PSNYW scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than PSNYW.
PSNYW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PSNYW has a been trading in the 0.14 - 0.17 range, which is quite wide. It is currently trading near the lows of this range.
PSNYW is an average performer in the Automobiles industry, it outperforms 47% of 37 stocks in the same industry.
PSNYW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.15. Right above this resistance zone may be a good entry point.
More info and screens
0.14
0.24
3 important resistance areas can be observed.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.17 from a horizontal line in the daily time frame.
- Resistance @0.24 from a trend 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 | DOWN | NEGATIVE | The long term trend for PSNYW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSNYW is down. |
| ChartMill Relative Strength | 16.72 | NEGATIVE | PSNYW has a low relative strength, it was outperformed by 83.28% 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) | DOWN | NEGATIVE | The current price of PSNYW is below a declining 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) | 39.96 | 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) | 19.6 | OVERSOLD | The low Stochastics value suggests PSNYW may be oversold. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for PSNYW suggests some volalility. |
| Average Directional Index/ADX (14) | 9.94 | NEGATIVE | The low ADX value for PSNYW suggests a weak or negative 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)
0.1427
0 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.97%
1 Week-1.59%
2 Weeks-4.1%
1 Month-8.58%
3 Month-10.81%
6 Month-50.79%
12 Month-4.87%
2 Year-78.05%
3 Year-91.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.96%
ATR Inc12.45%
Range Today0.01
ADR(20)0.01
ADR(20)%4.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.72
Mansfield-2.83
10 Day High0.15
10 Day Low0.14
20 Day High0.17
20 Day Low0.14
52 Week High0.61
52 Week Low0.12
CS1 EndN/A
CR1 Start0.15
Volume & EV
DER(3)-4.22%
DER(5)-4.41%
Volume31.43K
Volume Incr-2.59%
Vol(5)63.18K
Vol(50)60.25K