|
|
Downtrend ResistanceArchive - 10/30/2026 - Sign In to see current Signals. |
PUBLIC STORAGE (PSA) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a fourth positive week after 8 consecutive negative weeks for the PUBLIC STORAGE (PSA). During the week, the PSA gained 14.88 points, or 4.80%, and closed at 324.77 on Friday, October 30, 2026. It was the best weekly gain since June 12, 2026. Weekly volume was -12% below average. PSA is a member of Real Estate Sector. Real Estate is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PSA long-term trend chart] A long-term downtrend had started on April 21, 2022 at 421.76 and reached 233.18 on October 31, 2023. PSA lost 188.58 points, or 44.71%, in 79 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (325.98). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a long-term trend.
Medium-term trend: [See PSA medium-term trend chart] A medium-term uptrend had started on January 5, 2026 at 256.54 and reached 335.55 on July 29, 2026. PSA gained -79.01 points, or -30.80%, in 29 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 280.82 and resistance is at 350.09. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PSA weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help. The weekly MACD line is below its signal line since August 21, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See PSA short-term trend chart] A short-term uptrend had started on October 1, 2026 at 280.02 and reached 326.00 on October 30, 2026. PSA gained -45.98 points, or -16.42%, in 29 days. Price is near the trend high.
Daily Technical Indicators: [See PSA daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following links to access Relative Strength Index and Williams' Percentage Range help. The daily MACD line is above its signal line since October 5, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
| |
|
|