For its latest trading sesion, Public Storage (NYSE:PSA) dropped by -0.6% – here is what that looked like (as of 2019-12-24):
What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 50.151, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.023, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.731, an Accumulation/Distribution Index (ADI) of 2.731, an On-Balance Volume (OBV) of 5612.337, and a Chaiikin Money Flow (CMF) of 211.5. 7.581
So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Public Storage (NYSE:PSA). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.