PLAINS ALL AMER PIPELINE LP (PAA) Stock Technical Analysis
USA - NASDAQ:PAA - US7265031051
15.92 USD
-0.17 (-1.06%)
15.9889 USD
+0.07 (+0.43%)
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PAA is a bad performer in the overall market: 82% of all stocks are doing better.
PAA is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 63% are performing better than PAA.
PAA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
PAA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
PAA has an average volume of 2918460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PAA has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.68
18.62
We found 1 important support area.
- A support zone ranging from 15.84 to 15.84. 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 16.03 to 16.25. 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 17.14 to 17.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.93 to 18.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.44 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 | 18.91 | NEGATIVE | PAA has a low relative strength, it was outperformed by 81.09% 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) | 30.62 | NEUTRAL | The RSI value for PAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.06 | OVERSOLD | The low Stochastics value suggests PAA may be oversold. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PAA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.14 | 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)
15.92
-0.17 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.06%
1 Week-1.55%
2 Weeks-6.08%
1 Month-8.56%
3 Month-15.81%
6 Month-10.26%
12 Month-7.82%
2 Year5.08%
3 Year33%
5 Year154.72%
10 Year-49.81%
15 Year-49.54%
Volatility
ATR(14)0.34
ATR(20)%2.15%
ATR Inc5.27%
Range Today0.35
ADR(20)0.33
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.91
Mansfield-1.99
10 Day High17.08
10 Day Low15.69
20 Day High17.88
20 Day Low15.69
52 Week High21
52 Week Low15.58
CS1 End15.84
CR1 Start16.03
Volume & EV
DER(3)2.25%
DER(5)1.36%
Volume2.08M
Volume Incr3.68%
Vol(5)3.00M
Vol(50)2.92M