PERFORMANCE SHIPPING INC (PSHG) Stock Technical Analysis
NASDAQ:PSHG - Nasdaq - MHY673051543 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PSHG. PSHG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
79% of all other stocks performed better in the past year than PSHG.
PSHG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
PSHG is one of the better performing stocks in the Marine Transportation industry, it outperforms 71% of 29 stocks in the same industry.
In the last month PSHG has a been trading in the 1.51 - 1.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSHG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PSHG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.51
2.37
We found 2 important support areas.
- A support zone ranging from 1.61 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.53 to 1.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 7 important resistance areas.
- Resistance @1.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.73 to 1.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.80 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.83 to 1.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 1.89 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.04 from a horizontal line in the daily time frame.
- Resistance @2.35 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.79
Mansfield-2.26
10 Day High1.7
10 Day Low1.53
20 Day High1.8
20 Day Low1.51
52 Week High2.58
52 Week Low1.51
Performance
1 Week5.48%
2 Weeks-0.3%
1 Month-7.63%
3 Month-9.17%
6 Month-17.01%
12 Month-13.03%
2 Year-39.22%
3 Year-96.84%
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)0.01
RSI(14)46.18
LBB1.53
UBB1.69
NASDAQ:PSHG (2/21/2025, 8:00:01 PM)
1.635
-0.04 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-2.68%
1 Week5.48%
2 Weeks-0.3%
1 Month-7.63%
3 Month-9.17%
6 Month-17.01%
12 Month-13.03%
2 Year-39.22%
3 Year-96.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.49%
ATR Inc-21.29%
Range Today0.04
ADR(20)0.07
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.79
Mansfield-2.26
10 Day High1.7
10 Day Low1.53
20 Day High1.8
20 Day Low1.51
52 Week High2.58
52 Week Low1.51
CS1 End1.62
CR1 Start1.69
Volume & EV
DER(3)-3.77%
DER(5)4.84%
Volume77.20K
Volume Incr-17.52%
Vol(5)64.36K
Vol(50)70.50K