PLAINS ALL AMER PIPELINE LP (PAA)

US7265031051

18.25  +0.2 (+1.11%)

After market: 18.24 -0.01 (-0.05%)

Technical Rating and Analysis

10

Taking everything into account, PAA scores 10 out of 10 in our technical rating. 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 88% of all stocks. On top of that, PAA also shows a nice and consistent pattern of rising prices.
PAA is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. PAA outperforms 77% of them.
PAA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PAA is performing more or less in line with the market.
PAA has an average volume of 3351290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PAA has a been trading in the 17.07 - 19.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PAA Weekly chart
PAA Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, PAA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 17.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PAA in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

14.01

18.43

5 important support areas can be observed.

  • A support zone ranging from 17.14 to 17.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.03 to 16.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.91 from a horizontal line in the daily time frame.
  • Support @14.47 from a horizontal line in the daily time frame.
  • Support @14.15 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.12
Mansfield0.83
10 Day High18.26
10 Day Low17.11
20 Day High19.03
20 Day Low17.07
52 Week High19.03
52 Week Low12.07
Performance
1 Week5.13%
2 Weeks0.66%
1 Month6.91%
3 Month11.96%
6 Month20.46%
12 Month41.47%
2 Year76.16%
3 Year100.99%
5 Year-21.17%
10 Year-67.29%
15 Year-13.79%
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)61.77
LBB17.09
UBB18.88
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
18.2717.101.17 (6.40%)15.62%
An entry @18.27. This is a Buy Stop order right above the 10 day high.An exit @17.10. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.17 points, which is 6.40%.For a 1.00% total portfolio risk, you can invest 15.62% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PAA Daily chart

PLAINS ALL AMER PIPELINE LP

NASDAQ:PAA (4/24/2024, 7:21:24 PM)

After market: 18.24 -0.01 (-0.05%)

18.25

+0.2 (+1.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.11%
1 Week5.13%
2 Weeks0.66%
1 Month6.91%
3 Month11.96%
6 Month20.46%
12 Month41.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.4
ATR(20)%2.06%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.26
10 Day Low17.11
20 Day High19.03
20 Day Low17.07
52 Week High19.03
52 Week Low12.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.52M
Volume Incr3.77%
Vol(5)4.33M
Vol(50)3.35M