PLAINS GP HOLDINGS LP-CL A (PAGP) Stock Technical Analysis
NASDAQ:PAGP - Nasdaq - US72651A2078 - Currency: USD
Taking everything into account, PAGP scores 0 out of 10 in our technical rating. PAGP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, PAGP is a bad performer in the overall market: 72% of all stocks are doing better.
PAGP 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 PAGP is lagging the market.
In the last month PAGP has a been trading in the 16.98 - 19.52 range, which is quite wide. It is currently trading near the lows of this range.
PAGP has an average volume of 1651210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PAGP is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, PAGP did better than 62% of them.
PAGP has a poor technical rating and the quality of the setup is also not perfect 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
17.03
22.17
We found 1 important support area.
- A support zone ranging from 17.20 to 17.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.15 to 18.26. 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 19.29 to 19.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.95 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 PAGP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAGP is down. |
| ChartMill Relative Strength | 28.84 | NEGATIVE | PAGP has a low relative strength, it was outperformed by 71.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAGP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAGP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAGP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40 | NEUTRAL | The RSI value for PAGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PAGP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.79 | NEUTRAL | The Stochastics value for PAGP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for PAGP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.7 | POSITIVE | The high ADX value value for PAGP 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)
17.71
-0.05 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.28%
1 Week-3.96%
2 Weeks-2.91%
1 Month-8.43%
3 Month-18.31%
6 Month-8%
12 Month-1.88%
2 Year30.22%
3 Year48.08%
5 Year77.28%
10 Year-78.89%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%2.64%
ATR Inc-26.44%
Range Today0.27
ADR(20)0.42
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.84
Mansfield-0.99
10 Day High18.93
10 Day Low17.53
20 Day High19.52
20 Day Low16.98
52 Week High22.31
52 Week Low16.61
CS1 End17.4
CR1 Start18.15
Volume & EV
DER(3)-1.42%
DER(5)0.45%
Volume1.44M
Volume Incr-28.76%
Vol(5)1.17M
Vol(50)1.65M