Pershing Square Tontine Holdings Ltd (PSTH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PSTH - US71531R1095 - Common Stock
Taking everything into account, PSTH scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PSTH is only an average performer.
Although PSTH has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.48
We found 1 important support area.
- A support zone ranging from 19.68 to 20.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.14 to 20.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for PSTH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSTH is up. |
| ChartMill Relative Strength | 74.99 | POSITIVE | PSTH has a high relative strength, it outperformed 74.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSTH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSTH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSTH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.39 | OVERBOUGHT | The high RSI value suggests PSTH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PSTH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.19 | NEUTRAL | The Stochastics value for PSTH is a neutral value. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for PSTH suggests low volalility. |
20.14
+0.01 (+0.05%)
Pershing Square Tontine Holdings Ltd / PSTH FAQ
What is the technical rating for PSTH stock?
ChartMill assigns a technical rating of 7 / 10 to PSTH.
What is the trend direction for PSTH stock?
The current trend direction for Pershing Square Tontine Holdings Ltd (PSTH) is Bullish.
What is the RSI signal for Pershing Square Tontine Holdings Ltd (PSTH) stock?
Pershing Square Tontine Holdings Ltd (PSTH) has an RSI value of 72.3923. This indicates that the stock is currently overbought.
What is the buy/sell signal for Pershing Square Tontine Holdings Ltd (PSTH) stock?
The buy/sell signal for Pershing Square Tontine Holdings Ltd (PSTH) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Pershing Square Tontine Holdings Ltd (PSTH) stock?
Pershing Square Tontine Holdings Ltd (PSTH) has a support level at 20.06 and a resistance level at 20.14. Check the full technical report for our detailed analysis of PSTH support and resistance levels.