USA - NYSEARCA:PSP - US46137V1180 - ETF
Taking everything into account, PSP scores 0 out of 10 in our technical rating. PSP'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.
PSP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 66.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PSP in the last couple of days, which is a good sign.
64.99
We found 1 important support area.
2 important resistance areas can be observed.
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 PSP is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSP is down. |
ChartMill Relative Strength | 27.28 | NEGATIVE | PSP has a low relative strength, it was outperformed by 72.72% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSP is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSP is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of PSP is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 37.03 | NEUTRAL | The RSI value for PSP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PSP has a negative trend. |
Stochastics (14,3) | 30.18 | NEUTRAL | The Stochastics value for PSP is a neutral value. |
Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for PSP suggests low volalility. |
Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for PSP suggests a weak or negative trend. |
67.03
-0.14 (-0.21%)