POSEIDA THERAPEUTICS INC (PSTX) Stock Technical Analysis
USA - NASDAQ:PSTX - US73730P1084 - Common Stock
We assign a technical rating of 9 out of 10 to PSTX. Both in the recent history as in the last year, PSTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
PSTX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.50, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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9.30
When analyzing the support we notice one important area.
- A support zone ranging from 9.39 to 9.50. 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 9.51 to 9.61. This zone is formed by a combination of multiple trend lines 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 PSTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSTX is up. |
| ChartMill Relative Strength | 98.96 | POSITIVE | PSTX has a high relative strength, it outperformed 98.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.33 | OVERBOUGHT | The high RSI value suggests PSTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests PSTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.43 | NEUTRAL | The Stochastics value for PSTX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for PSTX suggests low volalility. |
| Average Directional Index/ADX (14) | 67.45 | POSITIVE | The high ADX value value for PSTX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.62 | 9.38 | 0.24 (2.49%) | 25.00% |
| An entry @9.62. This is a Buy Stop order right above the resistance zone. | An exit @9.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.24 points, which is 2.49%. | For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.5
-0.06 (-0.63%)
POSEIDA THERAPEUTICS INC / PSTX FAQ
Can you provide the ChartMill technical rating for POSEIDA THERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to PSTX.
What is the current trend direction of POSEIDA THERAPEUTICS INC (PSTX) stock?
The current trend direction for POSEIDA THERAPEUTICS INC (PSTX) is Bullish.
What is the RSI signal for POSEIDA THERAPEUTICS INC (PSTX) stock?
POSEIDA THERAPEUTICS INC (PSTX) has an RSI value of 75.331. This indicates that the stock is currently overbought.
What is the buy/sell signal for POSEIDA THERAPEUTICS INC (PSTX) stock?
The buy/sell signal for POSEIDA THERAPEUTICS INC (PSTX) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for POSEIDA THERAPEUTICS INC?
POSEIDA THERAPEUTICS INC (PSTX) has a support level at 9.5 and a resistance level at 9.51. Check the full technical report for our detailed analysis of PSTX support and resistance levels.