We assign a technical rating of 8 out of 10 to PAGP. Although PAGP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although PAGP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.00
We found 2 important support areas.
- A support zone ranging from 18.47 to 19.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.17 to 17.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @21.76 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for PAGP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAGP is up. |
| ChartMill Relative Strength | 56.34 | NEUTRAL | PAGP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAGP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAGP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PAGP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.48 | OVERBOUGHT | The high RSI value suggests PAGP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PAGP has a positive trend. |
| Stochastics (14,3) | 93.69 | OVERBOUGHT | The high Stochastics value suggests PAGP may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for PAGP suggests low volalility. |
| Average Directional Index/ADX (14) | 38.93 | POSITIVE | The high ADX value value for PAGP suggests a strong trend. |
20.01
+0.18 (+0.91%)
PLAINS GP HOLDINGS LP-CL A / PAGP FAQ
Can you provide the ChartMill technical rating for PLAINS GP HOLDINGS LP-CL A?
ChartMill assigns a technical rating of 8 / 10 to PAGP.
Can you provide the trend direction for PLAINS GP HOLDINGS LP-CL A?
The current trend direction for PLAINS GP HOLDINGS LP-CL A (PAGP) is Bullish.
What is the RSI signal for PAGP stock?
PLAINS GP HOLDINGS LP-CL A (PAGP) has an RSI value of 73.4805. This indicates that the stock is currently overbought.
Can you provide the MACD signal for PLAINS GP HOLDINGS LP-CL A?
The MACD indicator for PLAINS GP HOLDINGS LP-CL A (PAGP) has a value of 0.0683744, indicating a bearish trend.
Can you provide the buy/sell signal for PLAINS GP HOLDINGS LP-CL A?
The buy/sell signal for PLAINS GP HOLDINGS LP-CL A (PAGP) is buy as both the short term and long term trends are positive.