Overall PAGP gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PAGP is only an average performer.
Although PAGP has an excellent technical rating, it does not present a decent entry opportunity 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.
16.68
We found 3 important support areas.
We can see 2 important resistance areas.
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 | 56.46 | 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) | 71.58 | 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) | 87.88 | OVERBOUGHT | The high Stochastics value suggests PAGP may be overbought. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for PAGP suggests low volalility. |
| Average Directional Index/ADX (14) | 31.93 | POSITIVE | The high ADX value value for PAGP suggests a strong trend. |
19.51
+0.1 (+0.52%)
ChartMill assigns a technical rating of 8 / 10 to PAGP.
The current trend direction for PLAINS GP HOLDINGS LP-CL A (PAGP) is Bullish.
PLAINS GP HOLDINGS LP-CL A (PAGP) has an RSI value of 71.5828. This indicates that the stock is currently overbought.
The MACD indicator for PLAINS GP HOLDINGS LP-CL A (PAGP) has a value of 0.0336356, indicating a bearish trend.
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.