POLESTAR AUTO CLASS C-1 ADS (PSNYW) Stock Technical Analysis
NASDAQ:PSNYW - Nasdaq - - Currency: USD
Overall PSNYW gets a technical rating of 4 out of 10. Although PSNYW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PSNYW is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
PSNYW is part of the Automobiles industry. There are 40 other stocks in this industry. PSNYW outperforms 94% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that PSNYW is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month PSNYW has a been trading in the 0.18 - 0.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PSNYW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.14
0.27
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.15 from a trend line in the weekly time frame.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.24 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.64
Mansfield1.09
10 Day High0.22
10 Day Low0.18
20 Day High0.25
20 Day Low0.18
52 Week High0.61
52 Week Low0.09
Performance
1 Week8.07%
2 Weeks5.67%
1 Month-2.38%
3 Month38.51%
6 Month-29.31%
12 Month2.86%
2 Year-75.32%
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
RSI(14)53.56
LBB0.18
UBB0.21
0.205
+0.02 (+8.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg8.07%
1 Week8.07%
2 Weeks5.67%
1 Month-2.38%
3 Month38.51%
6 Month-29.31%
12 Month2.86%
2 Year-75.32%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.54%
ATR Inc4.24%
Range Today0.02
ADR(20)0.02
ADR(20)%9.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.64
Mansfield1.09
10 Day High0.22
10 Day Low0.18
20 Day High0.25
20 Day Low0.18
52 Week High0.61
52 Week Low0.09
CS1 End0.2
CR1 Start0.24
Volume & EV
DER(3)-7.18%
DER(5)-2.12%
Volume370.50K
Volume Incr64.53%
Vol(5)123.02K
Vol(50)489.04K