Overall PXSV gets a technical rating of 1 out of 10. PXSV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PXSV has a poor technical rating and the quality of the setup is also only medium 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.
27.56
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 PXSV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PXSV is neutral. |
| ChartMill Relative Strength | 32.37 | NEUTRAL | PXSV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PXSV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PXSV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PXSV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for PXSV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests PXSV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.97 | OVERBOUGHT | The high Stochastics value suggests PXSV may be overbought. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for PXSV suggests low volalility. |
PowerShares Fundamental Pure Sm Val ETF
NYSEARCA:PXSV (6/21/2019, 8:33:50 PM)
28.95
-0.23 (-0.8%)
ChartMill assigns a technical rating of 1 / 10 to PXSV.
The current trend direction for PowerShares Fundamental Pure Sm Val ETF (PXSV) is Bearish.
PowerShares Fundamental Pure Sm Val ETF (PXSV) has an RSI value of 50.6421. This indicates that the stock is currently neutral.
The MACD indicator for PowerShares Fundamental Pure Sm Val ETF (PXSV) has a value of 0.12863, indicating a bearish trend.
PowerShares Fundamental Pure Sm Val ETF (PXSV) has a support level at 27.96 and a resistance level at 30.1. Check the full technical report for our detailed analysis of PXSV support and resistance levels.