PowerShares Fundamental Pure Sm Gr ETF (PXSG) Technical Analysis
NYSEARCA:PXSG
Current stock price
PXSG Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to PXSG. Although PXSG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: PXSG has an average volume of 12120 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- PXSG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PXSG is lagging the market slightly.
- In the last month PXSG has a been trading in the 34.78 - 38.20 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, PXSG outperforms 60% of them, which is more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
PXSG Weekly and Daily overview Charts
PXSG Setup Rating and Analysis
Although PXSG has an excellent technical rating, the quality of the presented setup is not ideal 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
PXSG Support and Resistance Analysis
28.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.91 to 36.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.08 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @37.73 from a trend line in the weekly time frame.
PXSG 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 | UP | POSITIVE | The long term trend for PXSG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PXSG is up. |
| ChartMill Relative Strength | 60.05 | NEUTRAL | PXSG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PXSG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PXSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PXSG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.47 | NEUTRAL | The RSI value for PXSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests PXSG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.69 | OVERBOUGHT | The high Stochastics value suggests PXSG may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for PXSG suggests low volalility. |
PXSG Chart- and CandleStick Pattern Analysis
PXSG Technicals: Chart, Performance Metrics, Trend & Indicators
PowerShares Fundamental Pure Sm Gr ETF
NYSEARCA:PXSG (6/21/2019, 8:33:50 PM)
37.4836
-0.4 (-1.05%)
PowerShares Fundamental Pure Sm Gr ETF / PXSG TA FAQ
What is the technical rating for PXSG stock?
ChartMill assigns a technical rating of 7 / 10 to PXSG.
Can you provide the trend direction for PowerShares Fundamental Pure Sm Gr ETF?
The current trend direction for PowerShares Fundamental Pure Sm Gr ETF (PXSG) is Bullish.
What is the RSI signal for PowerShares Fundamental Pure Sm Gr ETF (PXSG) stock?
PowerShares Fundamental Pure Sm Gr ETF (PXSG) has an RSI value of 58.4693. This indicates that the stock is currently neutral.
What is the short term momentum for PowerShares Fundamental Pure Sm Gr ETF (PXSG) stock?
The short term momentum for PowerShares Fundamental Pure Sm Gr ETF (PXSG) is positive.
What is the buy/sell signal for PXSG stock?
The buy/sell signal for PowerShares Fundamental Pure Sm Gr ETF (PXSG) is buy as both the short term and long term trends are positive.