POLESTAR AUTOMOTIVE-CL A ADS (PSNY)

US7311052010 - ADR

1.16  +0.02 (+1.75%)

Premarket: 1.13 -0.03 (-2.59%)

Technical Rating and Analysis

2

Taking everything into account, PSNY scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PSNY was also a bad performer in the overall market in the last year.

89% of all other stocks performed better in the past year than PSNY.
In the last month PSNY has a been trading in the 0.85 - 1.26 range, which is quite wide. It is currently trading near the high of this range.
PSNY has an average volume of 5077010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
PSNY is an average performer in the Automobiles industry, it outperforms 51% of 42 stocks in the same industry.
PSNY 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 PSNY is lagging the market slightly.
Weekly and Daily overview Charts
PSNY Weekly chart
PSNY Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, PSNY 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 1.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PSNY 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.
Support and Resistance Analysis

0.89

1.60

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 1.05 to 1.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.99 from a horizontal line in the weekly time frame.
  • Support @0.90 from a trend line in the daily time frame.

We can see 5 important resistance areas.

  • A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.51 from a trend line in the weekly time frame.
  • Resistance @1.58 from a trend line in the weekly 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
CRS11.45
Mansfield-1.33
10 Day High1.26
10 Day Low1.02
20 Day High1.26
20 Day Low0.85
52 Week High2.33
52 Week Low0.61
Performance
1 Week1.75%
2 Weeks4.5%
1 Month12.62%
3 Month-9.37%
6 Month32.62%
12 Month-43.41%
2 Year-79.29%
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)55.4
LBB1.03
UBB1.2
PSNY Daily chart

POLESTAR AUTOMOTIVE-CL A ADS

NASDAQ:PSNY (1/14/2025, 8:00:46 PM)

Premarket: 1.13 -0.03 (-2.59%)

1.16

+0.02 (+1.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.75%
1 Week1.75%
2 Weeks4.5%
1 Month12.62%
3 Month-9.37%
6 Month32.62%
12 Month-43.41%
2 Year-79.29%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%8.37%
ATR Inc-3.68%
Range Today0.1
ADR(20)0.09
ADR(20)%8.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.45
Mansfield-1.33
10 Day High1.26
10 Day Low1.02
20 Day High1.26
20 Day Low0.85
52 Week High2.33
52 Week Low0.61
CS1 End1.07
CR1 Start1.16
Volume & EV
DER(3)1.94%
DER(5)3.1%
Volume5.42M
Volume Incr-4.36%
Vol(5)5.39M
Vol(50)5.08M