PLAINS ALL AMER PIPELINE LP (PAA) Technical Analysis
NASDAQ:PAA • US7265031051
Current stock price
PAA Technical Rating and Analysis
Overall PAA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PAA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PAA is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by PAA over the past year are nicely spread over this period.
- PAA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PAA has a been trading in the 20.79 - 22.64 range, which is quite wide. It is currently trading near the high of this range.
- PAA has an average volume of 3363630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PAA is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 52% of 209 stocks in the same industry.
PAA Weekly and Daily overview Charts
PAA Setup Rating and Analysis
Although PAA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PAA Support and Resistance Analysis
20.25
2 important support areas can be observed.
- A support zone ranging from 20.96 to 21.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.45 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.44 to 22.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
PAA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PAA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAA is up. |
| ChartMill Relative Strength | 81.55 | POSITIVE | PAA has a high relative strength, it outperformed 81.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PAA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.88 | NEUTRAL | The RSI value for PAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PAA has a positive trend. |
| Stochastics (14,3) | 73.25 | NEUTRAL | The Stochastics value for PAA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for PAA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.42 | NEGATIVE | The low ADX value for PAA suggests a weak or negative trend. |
PAA Chart- and CandleStick Pattern Analysis
PAA Technicals: Chart, Performance Metrics, Trend & Indicators
22.26
+0.38 (+1.74%)
PLAINS ALL AMER PIPELINE LP / PAA TA FAQ
What is the technical rating for PAA stock?
ChartMill assigns a technical rating of 9 / 10 to PAA.
Can you provide the trend direction for PLAINS ALL AMER PIPELINE LP?
The current trend direction for PLAINS ALL AMER PIPELINE LP (PAA) is Bullish.
What is the RSI signal for PAA stock?
PLAINS ALL AMER PIPELINE LP (PAA) has an RSI value of 61.8763. This indicates that the stock is currently neutral.
What is the MACD signal for PLAINS ALL AMER PIPELINE LP (PAA) stock?
The MACD indicator for PLAINS ALL AMER PIPELINE LP (PAA) has a value of 0.0243838, indicating a bearish trend.
What is the buy/sell signal for PLAINS ALL AMER PIPELINE LP (PAA) stock?
The buy/sell signal for PLAINS ALL AMER PIPELINE LP (PAA) is buy as both the short term and long term trends are positive.