PUBLIC STORAGE

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	PSA
ISIN:

PUBLIC STORAGE - Daily - Technical analysis published on 09/10/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 332.67 USD

My targets

375.17 USD (+4.03%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PUBLIC STORAGE as long as the price remains well above 332.67 USD. The buyers' bullish objective is set at 375.17 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The PUBLIC STORAGE price is 360.62 USD. The price has increased by +2.60% since the last closing and was between 351.30 USD and 360.71 USD. This implies that the price is at +2.65% from its lowest and at -0.02% from its highest.

351.30

360.71

360.62

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of PUBLIC STORAGE indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	294.92	305.25	332.67	360.62	375.17
Change (%)	-18.22%	-15.35%	-7.75%	-	+4.03%
Change	-65.70	-55.37	-27.95	-	+14.55
Level	Intermediate	Major	Intermediate	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	335.86	339.68	345.59	349.41	355.32	359.14	365.05
Camarilla	348.82	349.72	350.61	351.50	352.39	353.28	354.18
Woodie	336.91	340.20	346.64	349.93	356.37	359.66	366.10
Fibonacci	339.68	343.40	345.69	349.41	353.13	355.42	359.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	333.08	336.44	341.04	344.40	349.00	352.36	356.96
Camarilla	343.44	344.17	344.90	345.63	346.36	347.09	347.82
Woodie	333.69	336.75	341.65	344.71	349.61	352.67	357.57
Fibonacci	336.44	339.48	341.36	344.40	347.44	349.32	352.36

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	263.02	279.40	311.56	327.94	360.10	376.48	408.64
Camarilla	330.37	334.82	339.27	343.72	348.17	352.62	357.07
Woodie	270.91	283.35	319.45	331.89	367.99	380.43	416.53
Fibonacci	279.40	297.94	309.40	327.94	346.48	357.94	376.48

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	78.13
MACD (12,26,9):	11.0500
Directional Movement:	28.97
AROON (14):	92.86
DEMA (21):	351.24
Parabolic SAR (0,02-0,02-0,2):	339.91
Elder Ray (13):	12.94
Super Trend (3,10):	335.07
Zig ZAG (10):	359.60
VORTEX (21):	1.3000
Stochastique (14,3,5):	95.48
TEMA (21):	354.15
Williams %R (14):	-0.42
Chande Momentum Oscillator (20):	26.36
Repulse (5,40,3):	4.6700
ROCnROLL:	1
TRIX (15,9):	0.4700
Courbe Coppock:	14.66

MA7:	346.75
MA20:	335.83
MA50:	314.69
MA100:	293.87
MAexp7:	348.20
MAexp20:	336.80
MAexp50:	319.08
MAexp100:	303.40
Price / MA7:	+4.00%
Price / MA20:	+7.38%
Price / MA50:	+14.60%
Price / MA100:	+22.71%
Price / MAexp7:	+3.57%
Price / MAexp20:	+7.07%
Price / MAexp50:	+13.02%
Price / MAexp100:	+18.86%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on PUBLIC STORAGE. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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