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Uptrend SupportArchive - 3/21/2025 - Sign In to see current Signals. |
PUBLIC STORAGE (PSA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the PUBLIC STORAGE (PSA). During the week, the PSA dropped -7.00 points, or -2.35%, and closed at 291.10 on Friday, March 21, 2025. Weekly volume was 14% above average.
Long-term trend: [See PSA long-term trend chart] A long-term uptrend had started on October 31, 2023 at 233.18 and reached 369.99 on October 1, 2024. PSA gained -136.81 points, or -58.67%, in 48 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (297.39) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See PSA medium-term trend chart] A medium-term downtrend had started on October 1, 2024 at 369.99 and reached 286.90 on January 13, 2025. PSA lost 83.09 points, or 22.46%, in 14 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 254.64 and resistance is at 319.47. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PSA weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since October 25, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See PSA short-term trend chart] A short-term downtrend had started on March 10, 2025 at 322.50 and reached 290.60 on March 21, 2025. PSA lost 31.90 points, or 9.89%, in 11 days. Price is near the trend low.
Daily Technical Indicators: [See PSA daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since March 12, 2025. This is an indication that the short-term trend is down.
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