INVESCO GLOBAL LISTED PRIVAT (PSP) Technical Analysis
NYSEARCA:PSP • US46137V1180
Current stock price
PSP Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to PSP. In the past year, PSP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, PSP is a bad performer in the overall market: 79% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- PSP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- PSP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PSP is lagging the market.
PSP Weekly and Daily overview Charts
PSP Setup Rating and Analysis
PSP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
PSP Support and Resistance Analysis
54.03
2 important support areas can be observed.
- Support @55.67 from a horizontal line in the daily time frame.
- A support zone ranging from 54.58 to 54.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 61.46 to 62.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.28 to 69.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 71.65 to 72.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
PSP Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for PSP is up. |
| ChartMill Relative Strength | 21.58 | NEGATIVE | PSP has a low relative strength, it was outperformed by 78.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PSP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.21 | NEUTRAL | The RSI value for PSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests PSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.77 | NEUTRAL | The Stochastics value for PSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for PSP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.79 | POSITIVE | The high ADX value value for PSP suggests a strong trend. |
PSP Chart- and CandleStick Pattern Analysis
PSP Technicals: Chart, Performance Metrics, Trend & Indicators
60.65
-0.09 (-0.15%)
INVESCO GLOBAL LISTED PRIVAT / PSP TA FAQ
Can you provide the ChartMill technical rating for INVESCO GLOBAL LISTED PRIVAT?
ChartMill assigns a technical rating of 3 / 10 to PSP.
Can you provide the trend direction for INVESCO GLOBAL LISTED PRIVAT?
The current trend direction for INVESCO GLOBAL LISTED PRIVAT (PSP) is Bearish.
What is the RSI signal for PSP stock?
INVESCO GLOBAL LISTED PRIVAT (PSP) has an RSI value of 55.2081. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for INVESCO GLOBAL LISTED PRIVAT?
INVESCO GLOBAL LISTED PRIVAT (PSP) has a support level at 55.67 and a resistance level at 61.46. Check the full technical report for our detailed analysis of PSP support and resistance levels.