(PSQ.W) Stock Technical Analysis
NYSE:PSQ.W - New York Stock Exchange, Inc. -
Taking everything into account, PSQ.W scores 0 out of 10 in our technical rating. PSQ.W scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PSQ.W is a bad performer in the overall market: 90% of all stocks are doing better.
PSQ.W 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.
Warning: PSQ.W has an average volume of 24250 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month PSQ.W has a been trading in the 0.18 - 0.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PSQ.W has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for PSQ.W 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.
More info and screens
0.17
0.35
3 important support areas can be observed.
- Support @0.21 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.17 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.27 from a trend line in the weekly time frame.
- Resistance @0.28 from a trend line in the daily time frame.
- Resistance @0.35 from a horizontal 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 PSQ.W is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSQ.W is neutral. |
| ChartMill Relative Strength | 10.54 | NEGATIVE | PSQ.W has a low relative strength, it was outperformed by 89.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSQ.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSQ.W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PSQ.W is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.26 | NEUTRAL | The RSI value for PSQ.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PSQ.W has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.38 | NEUTRAL | The Stochastics value for PSQ.W is a neutral value. |
| Average True Range in percent/ATR (20) | 16.12 | HIGH VOLATILITY | The high ATR as a percentage value for PSQ.W suggests high volalility. |
| Average Directional Index/ADX (14) | 19.57 | NEGATIVE | The low ADX value for PSQ.W 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)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.33%
1 Week2.37%
2 Weeks0%
1 Month-10.56%
3 Month4.81%
6 Month-62.05%
12 Month-45.99%
2 Year-81.81%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%16.12%
ATR Inc-35.48%
Range Today0
ADR(20)0.03
ADR(20)%15.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.54
Mansfield-3.77
10 Day High0.27
10 Day Low0.2
20 Day High0.31
20 Day Low0.18
52 Week High1.46
52 Week Low0.13
CS1 End0.21
CR1 Start0.24
Volume & EV
DER(3)13.39%
DER(5)16.24%
Volume1.30K
Volume Incr-84.25%
Vol(5)3.48K
Vol(50)24.25K