We assign a technical rating of 0 out of 10 to PSEC. PSEC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PSEC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.60, a Stop Loss order could be placed below this zone.
More info and screens
2.50
We found 2 important support areas.
- A support zone ranging from 2.59 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.64 to 2.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.83 from a horizontal line in the daily time frame.
- Resistance @2.89 from a horizontal line in the daily time frame.
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 PSEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSEC is down. |
| ChartMill Relative Strength | 12.59 | NEGATIVE | PSEC has a low relative strength, it was outperformed by 87.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.05 | NEUTRAL | The RSI value for PSEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PSEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.14 | NEUTRAL | The Stochastics value for PSEC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for PSEC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for PSEC suggests a weak or negative trend. |
2.62
-0.02 (-0.76%)
PROSPECT CAPITAL CORP / PSEC FAQ
What is the ChartMill technical rating of PROSPECT CAPITAL CORP (PSEC) stock?
ChartMill assigns a technical rating of 0 / 10 to PSEC.
Can you provide the trend direction for PROSPECT CAPITAL CORP?
The current trend direction for PROSPECT CAPITAL CORP (PSEC) is Bearish.
What is the RSI signal for PROSPECT CAPITAL CORP (PSEC) stock?
PROSPECT CAPITAL CORP (PSEC) has an RSI value of 43.0459. This indicates that the stock is currently neutral.
What is the short term momentum for PROSPECT CAPITAL CORP (PSEC) stock?
The short term momentum for PROSPECT CAPITAL CORP (PSEC) is negative.
What are the support and resistance levels for PROSPECT CAPITAL CORP (PSEC) stock?
PROSPECT CAPITAL CORP (PSEC) has a support level at 2.6 and a resistance level at 2.64. Check the full technical report for our detailed analysis of PSEC support and resistance levels.