PLAINS GP HOLDINGS LP-CL A (PAGP) Technical Analysis
NASDAQ:PAGP • US72651A2078
Current stock price
PAGP Technical Rating and Analysis
Taking everything into account, PAGP scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, PAGP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- PAGP is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 60% are performing better than PAGP.
- Both the short term and long term trends are positive. This is a very positive sign.
- PAGP is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PAGP is leading the market.
- In the last month PAGP has a been trading in the 22.64 - 24.75 range, which is quite wide. It is currently trading near the high of this range.
- PAGP has an average volume of 2066090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, PAGP did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
PAGP Weekly and Daily overview Charts
PAGP Setup Rating and Analysis
PAGP has an excellent technical rating, but 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
22.68
We found 1 important support area.
- A support zone ranging from 22.91 to 23.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for PAGP is up. |
| ChartMill Relative Strength | 84.35 | POSITIVE | PAGP has a high relative strength, it outperformed 84.35% off all stocks 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) | UP | POSITIVE | The current price of PAGP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.37 | OVERBOUGHT | The high RSI value suggests PAGP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PAGP has a positive trend. |
| Stochastics (14,3) | 87.92 | OVERBOUGHT | The high Stochastics value suggests PAGP may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for PAGP suggests low volalility. |
| Average Directional Index/ADX (14) | 41.73 | POSITIVE | The high ADX value value for PAGP suggests a strong trend. |
PAGP Chart- and CandleStick Pattern Analysis
PAGP Technicals: Chart, Performance Metrics, Trend & Indicators
24.46
+0.02 (+0.08%)
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 9 / 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 73.3673. 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 0.025344, 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.