NASDAQ:PS - Nasdaq -
We assign a technical rating of 8 out of 10 to PS. Although PS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, PS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.36, a Stop Loss order could be placed below this zone.
18.34
3 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
22.51 | 22.26 | 0.25 (1.11%) | 25.00% |
An entry @22.51. This is a Buy Stop order right above the resistance zone. | An exit @22.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.25 points, which is 1.11%. | For a 0.28% total portfolio risk, you can invest 25.00% of your capital in this trade. |
22.45
+0.03 (+0.13%)