PRESIDIO PROPERTY TRUST - A (SQFT) Stock Technical Analysis
NASDAQ:SQFT - Nasdaq - US74102L3033 - Common Stock - Currency: USD
Taking everything into account, SQFT scores 2 out of 10 in our technical rating. In the past year, SQFT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, SQFT does present a nice setup opportunity. 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 0.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.65, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.63 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.55 from a trend line in the weekly time frame.
- Support @0.54 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.67 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
NASDAQ:SQFT (4/29/2025, 8:00:00 PM)
0.655
+0.01 (+2.26%)