PUBLI Technical Analysis - PUBLIC PROPERTY INVEST AS

Technical Rating and Analysis

Overall PUBLI gets a technical rating of 1 out of 10. PUBLI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month PUBLI has a been trading in the 21.93 - 25.50 range, which is quite wide. It is currently trading near the lows of this range.

PUBLI is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 72% of 75 stocks in the same industry.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

When compared to the yearly performance of all other stocks, PUBLI outperforms 43% of them, which is more or less in line with the market.

PUBLI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PUBLI is lagging the market.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

PUBLIC PROPERTY INVEST AS / PUBLI Weekly stock chart

PUBLIC PROPERTY INVEST AS / PUBLI Daily stock chart

Setup Rating and Analysis

The technical rating of PUBLI is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

21.82

25.55

When analyzing the support we notice one important area.

A support zone ranging from 22.04 to 22.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 24.95 to 25.30. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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 PUBLI.OL is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PUBLI.OL is down.
ChartMill Relative Strength	43.67	NEUTRAL	PUBLI.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PUBLI.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PUBLI.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of PUBLI.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)	30.82	NEUTRAL	The RSI value for PUBLI.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.18	NEGATIVE	The MACD value suggests PUBLI.OL has a negative trend.
Stochastics (14,3)	8.24	OVERSOLD	The low Stochastics value suggests PUBLI.OL may be oversold.
Average True Range in percent/ATR (20)	2.99	MEDIUM VOLATILITY	The ATR as a percentage value for PUBLI.OL suggests some volalility.
Average Directional Index/ADX (14)	29.86	POSITIVE	The high ADX value value for PUBLI.OL suggests a strong trend.