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Property Solutions Acquisition Corp (PSAC) Stock Technical Analysis

NASDAQ:PSAC - Nasdaq -

13.78  -0.05 (-0.36%)

After market: 13.96 +0.18 (+1.31%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to PSAC. PSAC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, PSAC is a bad performer in the overall market: 100% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
PSAC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSAC is lagging the market slightly.
In the last month PSAC has a been trading in the 12.18 - 17.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Property Solutions Acquisition Corp / PSAC Weekly stock chart
Property Solutions Acquisition Corp / PSAC Daily stock chart
Setup Rating and Analysis

5

PSAC has an average technical rating and the quality of the presented setup is also 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.

Support and Resistance Analysis

10.97

16.29

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 12.39 to 12.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 11.08 to 11.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 13.79 to 13.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @15.49 from a trend line in the weekly time frame.
  • Resistance @16.13 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.32
10 Day Low12.18
20 Day High17.48
20 Day Low12.18
52 Week High20.75
52 Week Low9.65
Performance
1 Week3.84%
2 Weeks-6.95%
1 Month0.22%
3 Month12.31%
6 Month23.59%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.21
RSI(14)48.88
LBB12.48
UBB15.8
Property Solutions Acquisition Corp / PSAC Daily stock chart

Property Solutions Acquisition Corp

NASDAQ:PSAC (7/21/2021, 8:00:01 PM)

After market: 13.96 +0.18 (+1.31%)

13.78

-0.05 (-0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.36%
1 Week3.84%
2 Weeks-6.95%
1 Month0.22%
3 Month12.31%
6 Month23.59%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%8.38%
ATR Inc-24.31%
Range Today0.99
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.32
10 Day Low12.18
20 Day High17.48
20 Day Low12.18
52 Week High20.75
52 Week Low9.65
CS1 End12.57
CR1 Start13.79
Volume & EV
DER(3)-14.03%
DER(5)-9.62%
Volume1.40M
Volume Incr33.12%
Vol(5)1.35M
Vol(50)842.09K