PLAINS ALL AMER PIPELINE LP (PAA) Stock Technical Analysis
NASDAQ:PAA - Nasdaq - US7265031051 - Currency: USD
Overall PAA gets a technical rating of 2 out of 10. PAA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month PAA has a been trading in the 17.70 - 19.16 range, which is quite wide. It is currently trading near the lows of this range.
PAA has an average volume of 2862010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, PAA turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
PAA is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, PAA did better than 62% of them.
PAA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PAA is lagging the market.
PAA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
15.87
20.68
2 important support areas can be observed.
- Support @17.19 from a trend line in the daily time frame.
- A support zone ranging from 16.03 to 16.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.07 to 18.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.48 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PAA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAA is down. |
| ChartMill Relative Strength | 54.01 | NEUTRAL | PAA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PAA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PAA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.08 | NEUTRAL | The RSI value for PAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.45 | OVERSOLD | The low Stochastics value suggests PAA may be oversold. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for PAA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.1 | NEGATIVE | The low ADX value for PAA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
17.86
+0.1 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.56%
1 Week-4.44%
2 Weeks-4.44%
1 Month-4.34%
3 Month8.64%
6 Month-7.94%
12 Month3.36%
2 Year17.11%
3 Year52%
5 Year152.26%
10 Year-50.47%
15 Year-40.51%
Volatility
ATR(14)0.39
ATR(20)%2.04%
ATR Inc-10.73%
Range Today0.36
ADR(20)0.34
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.01
Mansfield-0.91
10 Day High19.02
10 Day Low17.7
20 Day High19.17
20 Day Low17.7
52 Week High21
52 Week Low15.58
CS1 End17.19
CR1 Start18.07
Volume & EV
DER(3)0.79%
DER(5)1.58%
Volume2.31M
Volume Incr17.55%
Vol(5)2.77M
Vol(50)2.86M