Overall PAGP gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PAGP was also a bad performer in the overall market in the last year.
The technical rating of PAGP is bad and it also does not present a quality setup 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
16.68
When analyzing the support we can see 4 important areas.
- Support @18.36 from a trend line in the daily time frame.
- A support zone ranging from 17.71 to 18.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.25 from a horizontal line in the daily time frame.
- A support zone ranging from 16.85 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @18.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.75 to 20.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PAGP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAGP is up. |
| ChartMill Relative Strength | 30.5 | 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) | DOWN | MIXED | The current price of PAGP is above 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) | 68.2 | NEUTRAL | The RSI value for PAGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests PAGP has a positive trend. |
| Stochastics (14,3) | 91.38 | OVERBOUGHT | The high Stochastics value suggests PAGP may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for PAGP suggests low volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for PAGP suggests a possible start of a new trend. |
18.48
+0.02 (+0.11%)
PLAINS GP HOLDINGS LP-CL A / PAGP FAQ
What is the technical rating for PAGP stock?
ChartMill assigns a technical rating of 3 / 10 to PAGP.
What is the trend direction for PAGP stock?
The current trend direction for PLAINS GP HOLDINGS LP-CL A (PAGP) is Bearish.
What is the RSI signal for PAGP stock?
PLAINS GP HOLDINGS LP-CL A (PAGP) has an RSI value of 68.1952. This indicates that the stock is currently neutral.
What is the MACD signal for PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
The MACD indicator for PLAINS GP HOLDINGS LP-CL A (PAGP) has a value of 0.113897, indicating a bearish trend.
What are the support and resistance levels for PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
PLAINS GP HOLDINGS LP-CL A (PAGP) has a support level at 18.36 and a resistance level at 18.68. Check the full technical report for our detailed analysis of PAGP support and resistance levels.