POWERUP ACQUISITION COR-CL A (PWUP) Stock Technical Analysis
NASDAQ:PWUP • KYG7207P1037
We assign a technical rating of 1 out of 10 to PWUP. PWUP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 86% of all other stocks performed better in the past year than PWUP.
- PWUP 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 PWUP has a been trading in the 8.05 - 15.80 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: PWUP has an average volume of 4466 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
PWUP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
9.15
2 important resistance areas can be observed.
- A resistance zone ranging from 11.36 to 11.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.63 to 11.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for PWUP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PWUP is neutral. |
| ChartMill Relative Strength | 14.78 | NEGATIVE | PWUP has a low relative strength, it was outperformed by 85.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PWUP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PWUP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PWUP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.84 | NEUTRAL | The RSI value for PWUP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests PWUP has a negative trend. |
| Stochastics (14,3) | 31.29 | NEUTRAL | The Stochastics value for PWUP is a neutral value. |
| Average True Range in percent/ATR (20) | 18.12 | HIGH VOLATILITY | The high ATR as a percentage value for PWUP suggests high volalility. |
| Average Directional Index/ADX (14) | 40.87 | POSITIVE | The high ADX value value for PWUP suggests a strong trend. |
NASDAQ:PWUP (2/14/2025, 8:01:28 PM)
9.24
-1.61 (-14.84%)
POWERUP ACQUISITION COR-CL A / PWUP FAQ
What is the ChartMill technical rating of POWERUP ACQUISITION COR-CL A (PWUP) stock?
ChartMill assigns a technical rating of 1 / 10 to PWUP.
What is the trend direction for PWUP stock?
The current trend direction for POWERUP ACQUISITION COR-CL A (PWUP) is Bearish.
What is the RSI signal for POWERUP ACQUISITION COR-CL A (PWUP) stock?
POWERUP ACQUISITION COR-CL A (PWUP) has an RSI value of 39.8365. This indicates that the stock is currently neutral.
What is the support and resistance level for PWUP stock?
POWERUP ACQUISITION COR-CL A (PWUP) has a resistance level at 11.36. Check the full technical report for our detailed analysis of PWUP support and resistance levels.