POLESTAR AUTOMOTIVE-CL A ADS (PSNY)

US7311052010 - ADR

1.38  +0.06 (+4.55%)

After market: 1.3517 -0.03 (-2.05%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PSNY. PSNY has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

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 87% of 41 stocks in the same industry.
In the last month PSNY has a been trading in the 0.65 - 1.46 range, which is quite wide. It is currently trading near the high of this range.
PSNY has an average volume of 13701300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PSNY did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
PSNY Weekly chart
PSNY Daily chart
Setup Rating and Analysis

3

Although PSNY has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

1.37

1.40

We found 1 important resistance area.

  • A resistance zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS77.7
Mansfield-2.4
10 Day High1.46
10 Day Low0.84
20 Day High1.46
20 Day Low0.65
52 Week High2.97
52 Week Low0.61
Performance
1 Week28.97%
2 Weeks66.87%
1 Month101.31%
3 Month76.09%
6 Month-19.77%
12 Month-50.45%
2 Year-72.73%
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)0.05
RSI(14)67.65
LBB0.67
UBB1.46
PSNY Daily chart

POLESTAR AUTOMOTIVE-CL A ADS

NASDAQ:PSNY (9/6/2024, 8:00:00 PM)

After market: 1.3517 -0.03 (-2.05%)

1.38

+0.06 (+4.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg4.55%
1 Week28.97%
2 Weeks66.87%
1 Month101.31%
3 Month76.09%
6 Month-19.77%
12 Month-50.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%9.58%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.46
10 Day Low0.84
20 Day High1.46
20 Day Low0.65
52 Week High2.97
52 Week Low0.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.44M
Volume Incr-3.7%
Vol(5)12.96M
Vol(50)13.70M