PLAINS ALL AMER PIPELINE LP (PAA) Technical Analysis
NASDAQ:PAA • US7265031051
Current stock price
PAA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to PAA. In the last year, PAA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- PAA is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 62% of 209 stocks in the same industry do better.
- In the last month PAA has a been trading in the 20.89 - 22.79 range, which is quite wide. It is currently trading near the lows of this range.
- PAA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PAA is lagging the market slightly.
- PAA has an average volume of 3490170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- 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 58% of all stocks.
PAA Weekly and Daily overview Charts
PAA Setup Rating and Analysis
PAA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.01, a Stop Loss order could be placed below this zone.
More info and screens
PAA Support and Resistance Analysis
20.67
When analyzing the support we notice one important area.
- A support zone ranging from 20.88 to 21.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for PAA is down. |
| ChartMill Relative Strength | 58.92 | 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 | POSITIVE | The current price of PAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.82 | NEUTRAL | The RSI value for PAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests PAA has a negative trend. |
| Stochastics (14,3) | 14.47 | OVERSOLD | The low Stochastics value suggests PAA may be oversold. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for PAA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.61 | NEUTRAL | The ADX value for PAA suggests a possible start of a new trend. |
PAA Chart- and CandleStick Pattern Analysis
PAA Technicals: Chart, Performance Metrics, Trend & Indicators
21.02
-0.5 (-2.32%)
PLAINS ALL AMER PIPELINE LP / PAA TA FAQ
What is the technical rating for PAA stock?
ChartMill assigns a technical rating of 5 / 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 39.818. 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 -0.155889, 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 hold as the short term and long term trends are mixed.