PERSHING SQUARE TONTINE -WS (PST.W) Stock Technical Analysis
NYSE:PST.W
Overall PST.W gets a technical rating of 0 out of 10. PST.W'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PST.W is a bad performer in the overall market: 100% of all stocks are doing better.
- PST.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.
- In the last month PST.W has a been trading in the 0.17 - 0.51 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, PST.W does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for PST.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
0.27
We can see 2 important resistance areas.
- Resistance @0.42 from a trend line in the daily time frame.
- Resistance @0.44 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 PST.W is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PST.W is down. |
| ChartMill Relative Strength | 0.94 | NEGATIVE | PST.W has a low relative strength, it was outperformed by 99.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PST.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PST.W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PST.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.39 | NEUTRAL | The RSI value for PST.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PST.W has a negative trend. |
| Stochastics (14,3) | 47.34 | NEUTRAL | The Stochastics value for PST.W is a neutral value. |
| Average True Range in percent/ATR (20) | 32.56 | HIGH VOLATILITY | The high ATR as a percentage value for PST.W suggests high volalility. |
0.27
-0.01 (-3.61%)
PERSHING SQUARE TONTINE -WS / PST.W FAQ
Can you provide the ChartMill technical rating for PERSHING SQUARE TONTINE -WS?
ChartMill assigns a technical rating of 0 / 10 to PST.W.
What is the trend direction for PST.W stock?
The current trend direction for PERSHING SQUARE TONTINE -WS (PST.W) is Bearish.
What is the RSI signal for PERSHING SQUARE TONTINE -WS (PST.W) stock?
PERSHING SQUARE TONTINE -WS (PST.W) has an RSI value of 37.3877. This indicates that the stock is currently neutral.
What is the MACD signal for PST.W stock?
The MACD indicator for PERSHING SQUARE TONTINE -WS (PST.W) has a value of -0.00394335, indicating a bearish trend.
What is the buy/sell signal for PST.W stock?
The buy/sell signal for PERSHING SQUARE TONTINE -WS (PST.W) is sell as both the short term and long term trends are negative.