PUBLIC STORAGE (PSA) Stock Technical Analysis
NYSE:PSA - New York Stock Exchange, Inc. - US74460D1090 - REIT - Currency: USD
Overall PSA gets a technical rating of 3 out of 10. Although PSA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month PSA has a been trading in the 256.60 - 302.48 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, PSA did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PSA is an average performer in the Specialized REITs industry, it outperforms 65% of 30 stocks in the same industry.
PSA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, PSA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 296.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 296.42, a Stop Loss order could be placed below this zone.
More info and screens
277.53
317.13
2 important support areas can be observed.
- A support zone ranging from 294.92 to 296.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @280.33 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 296.81 to 297.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @305.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 313.99 to 313.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.54
Mansfield0.26
10 Day High298.5
10 Day Low256.6
20 Day High302.48
20 Day Low256.6
52 Week High369.99
52 Week Low256.31
Performance
1 Week2.75%
2 Weeks7.61%
1 Month0.59%
3 Month1.53%
6 Month-11.79%
12 Month15.11%
2 Year0.62%
3 Year-20.14%
5 Year59.97%
10 Year57.88%
15 Year206.13%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.68
RSI(14)54.06
LBB268.88
UBB303.38
296.67
+9.11 (+3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg3.17%
1 Week2.75%
2 Weeks7.61%
1 Month0.59%
3 Month1.53%
6 Month-11.79%
12 Month15.11%
2 Year0.62%
3 Year-20.14%
5 Year59.97%
10 Year57.88%
15 Year206.13%
Volatility
ATR(14)12.01
ATR(20)%3.46%
ATR Inc-1.99%
Range Today6.41
ADR(20)9.68
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.54
Mansfield0.26
10 Day High298.5
10 Day Low256.6
20 Day High302.48
20 Day Low256.6
52 Week High369.99
52 Week Low256.31
CS1 End296.42
CR1 Start296.81
Volume & EV
DER(3)1.59%
DER(5)0.42%
Volume843.10K
Volume Incr-23.7%
Vol(5)727.60K
Vol(50)826.74K