PLAINS GP HOLDINGS LP-CL A (PAGP) Technical Analysis
NASDAQ:PAGP • US72651A2078
Current stock price
PAGP Technical Rating and Analysis
Overall PAGP gets a technical rating of 4 out of 10. PAGP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month PAGP has a been trading in the 22.50 - 24.75 range, which is quite wide. It is currently trading near the lows of this range.
- PAGP 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 PAGP is lagging the market slightly.
- PAGP has an average volume of 1945790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When compared to the yearly performance of all other stocks, PAGP outperforms 68% of them, which is more or less in line with the market.
- PAGP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 41% of 209 stocks in the same industry.
PAGP Weekly and Daily overview Charts
PAGP Setup Rating and Analysis
PAGP has an average technical rating and also the quality of the setup is 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
PAGP Support and Resistance Analysis
22.36
We found 1 important support area.
- A support zone ranging from 22.59 to 22.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.46 to 24.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
PAGP 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 PAGP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAGP is down. |
| ChartMill Relative Strength | 68.41 | NEUTRAL | PAGP is not amongst the best or worst performers 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) | UP | MIXED | The current price of PAGP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAGP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.1 | NEUTRAL | The RSI value for PAGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PAGP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.44 | OVERSOLD | The low Stochastics value suggests PAGP may be oversold. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for PAGP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for PAGP suggests a possible start of a new trend. |
PAGP Chart- and CandleStick Pattern Analysis
PAGP Technicals: Chart, Performance Metrics, Trend & Indicators
22.94
+0.1 (+0.44%)
PLAINS GP HOLDINGS LP-CL A / PAGP TA FAQ
Can you provide the ChartMill technical rating for PLAINS GP HOLDINGS LP-CL A?
ChartMill assigns a technical rating of 4 / 10 to PAGP.
What is the current trend direction of PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
The current trend direction for PLAINS GP HOLDINGS LP-CL A (PAGP) is Bullish.
What is the RSI signal for PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
PLAINS GP HOLDINGS LP-CL A (PAGP) has an RSI value of 43.0997. This indicates that the stock is currently neutral.
What is the short term momentum for PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
The short term momentum for PLAINS GP HOLDINGS LP-CL A (PAGP) is negative.
What is the support and resistance level for PAGP stock?
PLAINS GP HOLDINGS LP-CL A (PAGP) has a support level at 22.91 and a resistance level at 24.46. Check the full technical report for our detailed analysis of PAGP support and resistance levels.