PLAINS ALL AMER PIPELINE LP (PAA) Stock Technical Analysis
NASDAQ:PAA - Nasdaq - US7265031051 - Currency: USD
We assign a technical rating of 0 out of 10 to PAA. PAA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
71% of all other stocks performed better in the past year than PAA.
PAA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PAA is lagging the market.
In the last month PAA has a been trading in the 15.90 - 18.35 range, which is quite wide. It is currently trading near the lows of this range.
PAA has an average volume of 3702750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PAA is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, PAA did better than 59% of them.
Considerably lower volume is observed in the last couple of days.
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. There is a support zone below the current price at 16.55, a Stop Loss order could be placed below this zone.
More info and screens
15.87
21.17
We found 1 important support area.
- A support zone ranging from 16.03 to 16.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 16.90 to 17.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.79 to 18.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.75 from a trend line in the daily time frame.
- Resistance @20.96 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for PAA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAA is down. |
| ChartMill Relative Strength | 29.29 | NEGATIVE | PAA has a low relative strength, it was outperformed by 70.71% off all stocks 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) | DOWN | NEGATIVE | The current price of PAA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.69 | NEUTRAL | The RSI value for PAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PAA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.78 | NEUTRAL | The Stochastics value for PAA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for PAA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.09 | POSITIVE | The high ADX value value for PAA suggests a strong 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)
16.74
+0.12 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.72%
1 Week-2.96%
2 Weeks1.82%
1 Month-8.42%
3 Month-18.26%
6 Month-6.69%
12 Month-1.82%
2 Year29.57%
3 Year46.97%
5 Year72.58%
10 Year-64.34%
15 Year-41.83%
Volatility
ATR(14)0.44
ATR(20)%2.8%
ATR Inc-37.4%
Range Today0.29
ADR(20)0.42
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.29
Mansfield-0.88
10 Day High17.7
10 Day Low16.43
20 Day High18.35
20 Day Low15.9
52 Week High21
52 Week Low15.58
CS1 End16.55
CR1 Start16.9
Volume & EV
DER(3)-7.3%
DER(5)-2.9%
Volume1.56M
Volume Incr-48.64%
Vol(5)1.89M
Vol(50)3.70M