Technical Analysis for PSK - SPDR Wells Fargo Preferred Stock ETF

Grade Last Price % Change Price Change
C 33.11 -0.12% -0.04
PSK closed down 0.12 percent on Thursday, April 18, 2024, on 65 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Spinning Top Other 0.00%
NR7 Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup -0.12%
Lower Bollinger Band Walk Weakness -0.12%
Gapped Up Strength -0.12%
Oversold Stochastic Weakness -0.12%
Volume Surge Other 0.39%
Lower Bollinger Band Walk Weakness 0.39%
Below Lower BB Weakness 0.39%

   Recent Intraday Alerts

Alert Time
Slingshot Bearish Entry about 13 hours ago
Fell Below Previous Day's Low about 13 hours ago
Possible NR7 about 13 hours ago
60 Minute Opening Range Breakdown about 14 hours ago
60 Minute Opening Range Breakout about 16 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Index Fund Stock Fund Preferred Stock Wells Fargo

Top 10 Components

Symbol Grade Price % Change Allocation
TBB C 0.09 1.80
SOJD D -0.77 1.35
TBC C 0.38 1.18
SREA B -1.16 1.09
RZC A -0.91 1.05
CMSD C -0.25 0.90
PRS C -0.45 0.82
DUKB D -0.21 0.70
FITBI A 0.00 0.65
SOJC D -0.26 0.63

Is PSK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 35.1874
52 Week Low 28.9574
Average Volume 104,263
200-Day Moving Average 32.47
50-Day Moving Average 34.39
20-Day Moving Average 34.27
10-Day Moving Average 33.76
Average True Range 0.31
RSI (14) 27.54
ADX 29.84
+DI 14.64
-DI 37.41
Chandelier Exit (Long, 3 ATRs) 34.26
Chandelier Exit (Short, 3 ATRs) 33.79
Upper Bollinger Bands 35.67
Lower Bollinger Band 32.87
Percent B (%b) 0.09
BandWidth 8.18
MACD Line -0.38
MACD Signal Line -0.19
MACD Histogram -0.187
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.43
Resistance 3 (R3) 33.44 33.35 33.37
Resistance 2 (R2) 33.35 33.27 33.34 33.36
Resistance 1 (R1) 33.23 33.22 33.18 33.22 33.34
Pivot Point 33.14 33.14 33.11 33.13 33.14
Support 1 (S1) 33.02 33.06 32.97 33.00 32.88
Support 2 (S2) 32.93 33.01 32.92 32.86
Support 3 (S3) 32.81 32.93 32.85
Support 4 (S4) 32.79