POWER REIT (PW) Stock Technical Analysis
NYSEARCA:PW • US73933H1014
Taking everything into account, PW scores 0 out of 10 in our technical rating. PW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 66% of all other stocks performed better in the past year than PW.
- PW is one of the lesser performing stocks in the Specialized REITs industry. 74% of 28 stocks in the same industry do better.
- PW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PW has a been trading in the 0.73 - 1.04 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of PW 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.
More info and screens
0.70
2 important support areas can be observed.
- Support @0.76 from a horizontal line in the daily time frame.
- Support @0.71 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.05 from a horizontal line in the daily time frame.
- Resistance @1.24 from a trend line in the weekly 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 PW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PW is down. |
| ChartMill Relative Strength | 34.99 | NEUTRAL | PW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.57 | NEUTRAL | The RSI value for PW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.4 | NEUTRAL | The Stochastics value for PW is a neutral value. |
| Average True Range in percent/ATR (20) | 7.89 | HIGH VOLATILITY | The high ATR as a percentage value for PW suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for PW suggests a weak or negative trend. |
0.83
+0.06 (+8.33%)
POWER REIT / PW FAQ
What is the ChartMill technical rating of POWER REIT (PW) stock?
ChartMill assigns a technical rating of 0 / 10 to PW.
Can you provide the trend direction for POWER REIT?
The current trend direction for POWER REIT (PW) is Bearish.
What is the RSI signal for PW stock?
POWER REIT (PW) has an RSI value of 43.5673. This indicates that the stock is currently neutral.
Can you provide the MACD signal for POWER REIT?
The MACD indicator for POWER REIT (PW) has a value of -0.0131699, indicating a bearish trend.
What is the buy/sell signal for POWER REIT (PW) stock?
The buy/sell signal for POWER REIT (PW) is sell as both the short term and long term trends are negative.