POLESTAR AUTO CLASS C-1 ADS (PSNYW) Stock Technical Analysis
NASDAQ:PSNYW - Nasdaq - - Currency: USD
We assign a technical rating of 1 out of 10 to PSNYW. PSNYW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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.
PSNYW is one of the better performing stocks in the Automobiles industry, it outperforms 77% of 41 stocks in the same industry.
In the last month PSNYW has a been trading in the 0.13 - 0.19 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, PSNYW outperforms 46% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
PSNYW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.16, a Stop Loss order could be placed below this zone.
More info and screens
0.15
0.26
2 important support areas can be observed.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.20 from a trend line in the weekly time frame.
- Resistance @0.25 from a trend line in the daily time frame.
- Resistance @0.26 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
CRS46.24
Mansfield-0.48
10 Day High0.18
10 Day Low0.15
20 Day High0.19
20 Day Low0.13
52 Week High0.61
52 Week Low0.09
Performance
1 Week-1.86%
2 Weeks-0.82%
1 Month-13.14%
3 Month-25.14%
6 Month-24.27%
12 Month17.83%
2 Year-77.23%
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)47.61
LBB0.15
UBB0.18
0.1685
+0 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg2.12%
1 Week-1.86%
2 Weeks-0.82%
1 Month-13.14%
3 Month-25.14%
6 Month-24.27%
12 Month17.83%
2 Year-77.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%10.93%
ATR Inc-46.03%
Range Today0.01
ADR(20)0.02
ADR(20)%10.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.24
Mansfield-0.48
10 Day High0.18
10 Day Low0.15
20 Day High0.19
20 Day Low0.13
52 Week High0.61
52 Week Low0.09
CS1 End0.16
CR1 Start0.18
Volume & EV
DER(3)-27.34%
DER(5)-24.29%
Volume66.30K
Volume Incr-44.29%
Vol(5)44.48K
Vol(50)78.12K