PSQH Technical Analysis - PSQ HOLDINGS INC

Technical Rating and Analysis

Overall PSQH gets a technical rating of 6 out of 10. PSQH has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

PSQH 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.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month PSQH has a been trading in the 1.57 - 2.39 range, which is quite wide. It is currently trading near the high of this range.

PSQH has an average volume of 1080380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When compared to the yearly performance of all other stocks, PSQH outperforms 49% of them, which is more or less in line with the market.

PSQH is an average performer in the Interactive Media & Services industry, it outperforms 48% of 69 stocks in the same industry.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

PSQ HOLDINGS INC / PSQH Weekly stock chart

PSQ HOLDINGS INC / PSQH Daily stock chart

Setup Rating and Analysis

PSQH has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.65

2.61

When analyzing the support we can see 3 important areas.

A support zone ranging from 2.27 to 2.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
A support zone ranging from 1.95 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @1.67 from a trend line in the daily time frame.

We can see 2 important resistance areas.

Resistance @2.51 from a horizontal line in the weekly time frame.
Resistance @2.58 from a trend line in the daily time frame.

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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 PSQH is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for PSQH is up.
ChartMill Relative Strength	49.09	NEUTRAL	PSQH is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of PSQH is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of PSQH is above a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of PSQH is below the rising SMA(200).
Relative Strength Index/RSI (14)	68.67	NEUTRAL	The RSI value for PSQH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests PSQH has a positive trend.
Stochastics (14,3)	89.91	OVERBOUGHT	The high Stochastics value suggests PSQH may be overbought.
Average True Range in percent/ATR (20)	5.44	HIGH VOLATILITY	The high ATR as a percentage value for PSQH suggests high volalility.
Average Directional Index/ADX (14)	30.74	POSITIVE	The high ADX value value for PSQH suggests a strong trend.