POLESTAR AUTOMOTIVE-CL A ADS (PSNY) Stock Technical Analysis
NASDAQ:PSNY - Nasdaq - US7311052010 - ADR - Currency: USD
Taking everything into account, PSNY scores 4 out of 10 in our technical rating. In the past year, PSNY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PSNY is a bad performer in the overall market: 77% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PSNY is one of the better performing stocks in the Automobiles industry, it outperforms 74% of 40 stocks in the same industry.
In the last month PSNY has a been trading in the 0.98 - 1.18 range, which is quite wide. It is currently trading near the high of this range.
PSNY has an average volume of 5477900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PSNY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PSNY is lagging the market.
PSNY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.09, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.95
1.53
3 important support areas can be observed.
- A support zone ranging from 1.06 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.99 to 0.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.96 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @1.17 from a trend line in the daily time frame.
- Resistance @1.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.41 from a trend line in the weekly time frame.
- Resistance @1.51 from a trend 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
CRS23.17
Mansfield-1.37
10 Day High1.18
10 Day Low1.04
20 Day High1.18
20 Day Low0.98
52 Week High2.17
52 Week Low0.61
Performance
1 Week-0.9%
2 Weeks2.8%
1 Month7.84%
3 Month-3.51%
6 Month23.64%
12 Month-16.03%
2 Year-79.32%
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)0.01
RSI(14)50.89
LBB1.04
UBB1.16
1.1
-0.07 (-5.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-5.98%
1 Week-0.9%
2 Weeks2.8%
1 Month7.84%
3 Month-3.51%
6 Month23.64%
12 Month-16.03%
2 Year-79.32%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.2%
ATR Inc67.91%
Range Today0.08
ADR(20)0.06
ADR(20)%5.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.17
Mansfield-1.37
10 Day High1.18
10 Day Low1.04
20 Day High1.18
20 Day Low0.98
52 Week High2.17
52 Week Low0.61
CS1 End1.09
CR1 Start1.17
Volume & EV
DER(3)-6.16%
DER(5)-5.83%
Volume6.37M
Volume Incr0.67%
Vol(5)5.17M
Vol(50)5.48M