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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Polestar Automotive Holding UK Limited (NASDAQ:PSNY)

Sidelines Mode (-55) - PSNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PSNY?

MarketClub looks at technical strength and momentum to determine if the timing is right for PSNY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PSNY
Open High Low PSNY Price Change
1.320 1.340 1.290 1.335 +0.015
Entry Signal

MarketClub’s Trade Triangles for PSNY

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 3.200

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 1.480

short term up The short-term trend has been UP since Apr 30th, 2024 at 1.265

Smart Scan Analysis for PSNY

Based on our trend formula, PSNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PSNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.320 1.340 1.290 1.335 +0.015
Prev. Close Volume Bid Ask Time
1.340 1546082 2024-05-08 15:59:44
52wk High4.9652wk High Date2023-07-11
52wk Low1.1652wk Low Date2024-04-25
Average Volume3,847,436
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