PERSHING SQUARE TONTINE -WS (PST.W) Stock Technical Analysis
NYSE:PST.W - New York Stock Exchange, Inc. -
Taking everything into account, PST.W scores 0 out of 10 in our technical rating. PST.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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than PST.W.
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
0.44
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. |
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)
0.27
-0.01 (-3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.61%
1 Week-36.89%
2 Weeks-38.54%
1 Month-40%
3 Month-68.9%
6 Month-80%
12 Month-92.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%32.56%
ATR Inc22.31%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.94
Mansfield-7.46
10 Day High0.46
10 Day Low0.17
20 Day High0.51
20 Day Low0.17
52 Week High3.79
52 Week Low0.17
CS1 EndN/A
CR1 Start0.42
Volume & EV
DER(3)3.48%
DER(5)14.22%
Volume1.69M
Volume Incr152.52%
Vol(5)885.96K
Vol(50)263.14K