We assign a technical rating of 2 out of 10 to PSCE. In the last year, PSCE was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
The technical rating of PSCE is bad and it also does not present a quality setup 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.
37.64
3 important support areas can be observed.
We can see 3 important resistance areas.
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 PSCE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSCE is down. |
| ChartMill Relative Strength | 32.99 | NEUTRAL | PSCE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSCE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSCE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSCE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.05 | NEUTRAL | The RSI value for PSCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests PSCE has a negative trend. |
| Stochastics (14,3) | 8.52 | OVERSOLD | The low Stochastics value suggests PSCE may be oversold. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for PSCE suggests some volalility. |
| Average Directional Index/ADX (14) | 25 | POSITIVE | The high ADX value value for PSCE suggests a strong trend. |
42.6082
-0.42 (-0.99%)
ChartMill assigns a technical rating of 2 / 10 to PSCE.
The current trend direction for INVESCO S&P SMALLCAP ENERGY (PSCE) is Bullish.
INVESCO S&P SMALLCAP ENERGY (PSCE) has an RSI value of 42.0469. This indicates that the stock is currently neutral.
The short term momentum for INVESCO S&P SMALLCAP ENERGY (PSCE) is negative.
INVESCO S&P SMALLCAP ENERGY (PSCE) has a support level at 42.19 and a resistance level at 42.71. Check the full technical report for our detailed analysis of PSCE support and resistance levels.