PSN Technical Signal Analysis
PSN have 1 buy signal and 4 sell signals now. The current trend is downtrend starting from 2025-03-10. The total price change during this trend is -1.90%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of PSN over last 5 trading day is $95,111,790.44
1 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
28.46
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-11.23
Bearish
Momentum (10 days)
MOM_10 < 0
-1.67
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-5.73
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
85
Bearish
1 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
28.46
Bullish
PSN Support and Resistance Level
The support levels for PSN are at 55.35, 53.72, and 51.08, while the resistance levels are at 60.63, 62.26, and 64.9. With the current stock price at 56.65, it is leaning more toward the support levels.
PSN Technical Analysis
Technical Analysis of PSN Stock
Current Price and Technical Indicators:
- Current Price: $59.64 (as of 2025-03-07)
- RSI (6, 12, 14): 49.29, 34.18, 32.30 (oversold territory)
- Stochastic Oscillator: %K=18.88, %D=14.72 (oversold region)
- MACD: -6.51 (bearish crossover)
- Fibonacci Levels: Resistance at $60.94 and $62.62; Support at $55.50 and $53.81
Price Chart Analysis:
Key Observations:
- The stock is approaching the first Fibonacci resistance level at $60.94.
- Oversold RSI and Stochastic Oscillator suggest potential bullish reversal.
- Recent downgrade by TD Cowen to Hold with a lower price target may impact sentiment.
Analyst Sentiment:
- Mixed sentiment with some analysts maintaining a Buy rating while others downgrade.
Conclusion:
PSN is currently undervalued with oversold conditions. The stock is a BUY at $59.64 with a target of $65.34 and a stop-loss at $55.50.
PSN FAQs
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Is PSN a buy based on overall technical signals summary?
PSN Buy or Sell
PSN has 1 buy signals and 4 sell signals now. Overall the technical rating for PSN is Sell.
Sell
Sell
4
Buy
1
PSN Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 56.65 below the SMA_5. In the short term, the stock shows a negative trend with the 58.22 below the SMA_20. In the mid term, the stock shows a negative trend with the 62.02 below the SMA_60. In the long term, the stock shows a negative trend with the 80.03 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about PSN's current trend?What are PSN's key support and resistance levels?