After completing its last trading session, Public Storage (NYSE:PSA) spiked up by 1.1% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 19.936, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.727, an Accumulation/Distribution Index (ADI) of 2.727, an On-Balance Volume (OBV) of 4488.938, and a Chaiikin Money Flow (CMF) of -211.42. 1.277
Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Public Storage (NYSE:PSA). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.