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POLESTAR AUTO CLASS C-1 ADS (PSNYW) Stock Technical Analysis

NASDAQ:PSNYW - Nasdaq -

0.2299  +0 (+2.18%)

Premarket: 0.2288 0 (-0.48%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to PSNYW. Although PSNYW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

PSNYW 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.
Both the short term and long term trends are positive. This is a very positive sign.
PSNYW is part of the Automobiles industry. There are 42 other stocks in this industry. PSNYW outperforms 85% of them.
Looking at the yearly performance, PSNYW did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month PSNYW has a been trading in the 0.12 - 0.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Weekly and Daily overview Charts
PSNYW Weekly chart
PSNYW Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, PSNYW also presents 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 0.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PSNYW 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.

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Support and Resistance Analysis

0.14

0.28

We found 1 important support area.

  • A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @0.28 from a trend line in the daily time frame.

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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
CRS75.12
Mansfield1.75
10 Day High0.44
10 Day Low0.18
20 Day High0.44
20 Day Low0.12
52 Week High0.61
52 Week Low0.09
Performance
1 Week4.74%
2 Weeks49.29%
1 Month56.5%
3 Month2.5%
6 Month58.77%
12 Month23.6%
2 Year-78.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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
RSI(14)60.29
LBB0.12
UBB0.29

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Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
0.290.170.12 (42.52%)2.35%
An entry @0.29. This is a Buy Stop order right above the resistance zone.An exit @0.17. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.12 points, which is 42.52%.For a 1.00% total portfolio risk, you can invest 2.35% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

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PSNYW Daily chart

POLESTAR AUTO CLASS C-1 ADS

NASDAQ:PSNYW (1/17/2025, 8:22:36 PM)

Premarket: 0.2288 0 (-0.48%)

0.2299

+0 (+2.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg2.18%
1 Week4.74%
2 Weeks49.29%
1 Month56.5%
3 Month2.5%
6 Month58.77%
12 Month23.6%
2 Year-78.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%17.15%
ATR Inc-26.24%
Range Today0.03
ADR(20)0.03
ADR(20)%14.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.12
Mansfield1.75
10 Day High0.44
10 Day Low0.18
20 Day High0.44
20 Day Low0.12
52 Week High0.61
52 Week Low0.09
CS1 End0.14
CR1 Start0.28
Volume & EV
DER(3)-0.51%
DER(5)9.45%
Volume365.10K
Volume Incr-55.34%
Vol(5)441.72K
Vol(50)527.05K