Technical Analysis for PSON - Petrosonic Energy, Inc

Grade Last Price % Change Price Change
grade F 0.0001 0.00% 0.0000
PSON closed unchanged on Tuesday, August 13, 2019, on 4 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical PSON trend table...

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%

Older signals for PSON ...

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Basic chart:
Profile
The primary focus of Petrosonic Energy is to provide technologies that upgrade heavy oil economically and in an environmentally friendly manner. Petrosonic's patented SonoprocessTM does just that. It uses clean tech sonic energy to de-asphalt heavy oil at a much smaller scale, lower capital and operating costs than conventional upgraders and at lower costs than blending operations that use diluent to transport the heavy crude via pipelines. SonoprocessTM eliminates the use of diluent for heavy oil producers thus reducing their production costs considerably and it can decongest the pipeline capacity by 1/3rd by replacing diluent. The processing capacity of the Sonoprocess can be increased modularly, thus, benefiting all heavy oil producers, small and large, as well as, pipeline, storage and refining companies.Petrosonic has developed, tested and validated its core technology through a reputable independent engineering firm. The company also has recently developed a proprietary solution that enables the Sonoprocess to use lpg/propane as solvents which are widely available and much cheaper than other solvents previously used. The new solution de-risks the technology further and improves the net returns considerably.
Chemistry Physical Sciences Natural Sciences Petroleum Industry Petroleum Products Asphalt Unconventional Oil Heavy Oil Heavy Crude Oil Solutions Diluent Solvents
Is PSON a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 0.0054
52 Week Low 0.0001
Average Volume 47,430
200-Day Moving Average 0.0016
50-Day Moving Average 0.0002
20-Day Moving Average 0.0002
10-Day Moving Average 0.0002
Average True Range 0.0007
ADX 16.63
+DI 46.1538
-DI 50.0
Chandelier Exit (Long, 3 ATRs ) -0.0011
Chandelier Exit (Short, 3 ATRs ) 0.0022
Upper Bollinger Band 0.0006
Lower Bollinger Band -0.0002
Percent B (%b) 0.38
BandWidth 400.0
MACD Line -0.0003
MACD Signal Line -0.0003
MACD Histogram 0.0
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0001
Resistance 3 (R3) 0.0001 0.0001 0.0001
Resistance 2 (R2) 0.0001 0.0001 0.0001 0.0001
Resistance 1 (R1) 0.0001 0.0001 0.0001 0.0001 0.0001
Pivot Point 0.0001 0.0001 0.0001 0.0001 0.0001
Support 1 (S1) 0.0001 0.0001 0.0001 0.0001 0.0001
Support 2 (S2) 0.0001 0.0001 0.0001 0.0001
Support 3 (S3) 0.0001 0.0001 0.0001
Support 4 (S4) 0.0001