PW Technical Analysis - POWER REIT

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to PW. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, PW is a bad performer in the overall market: 93% of all stocks are doing better.

PW is one of the lesser performing stocks in the Specialized REITs industry. 93% of 30 stocks in the same industry do better.

PW is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month PW has a been trading in the 0.80 - 1.09 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.

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

Setup Rating and Analysis

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.81

1.44

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @1.08 from a horizontal line in the daily time frame.
Resistance @1.16 from a horizontal line in the daily time frame.
Resistance @1.43 from a trend line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	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	7.11	NEGATIVE	PW has a low relative strength, it was outperformed by 92.89% off all stocks 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)	33.2	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.
Stochastics (14,3)	21.65	NEUTRAL	The Stochastics value for PW is a neutral value.
Average True Range in percent/ATR (20)	8.85	HIGH VOLATILITY	The high ATR as a percentage value for PW suggests high volalility.
Average Directional Index/ADX (14)	15.26	NEGATIVE	The low ADX value for PW suggests a weak or negative trend.