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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PAGP is showing a nice and steady performance.
- 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.
- PAGP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- PAGP has an average volume of 2088790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PAGP is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- PAGP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 42% of 208 stocks in the same industry.
PAGP Weekly and Daily overview Charts
PAGP Setup Rating and Analysis
Besides having an excellent technical rating, PAGP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.33, a Stop Loss order could be placed below this zone.
More info and screens
PAGP Support and Resistance Analysis
22.68
When analyzing the support we notice one important area.
- A support zone ranging from 22.91 to 23.33. 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 23.80 to 23.80. 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 | UP | POSITIVE | The short term trend for PAGP is up. |
| ChartMill Relative Strength | 83.37 | POSITIVE | PAGP has a high relative strength, it outperformed 83.37% 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) | 66.48 | NEUTRAL | The RSI value for PAGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PAGP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.37 | NEUTRAL | The Stochastics value for PAGP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for PAGP suggests low volalility. |
| Average Directional Index/ADX (14) | 43.74 | POSITIVE | The high ADX value value for PAGP suggests a strong trend. |
PAGP Chart- and CandleStick Pattern Analysis
PAGP Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.81 | 22.90 | 0.91 (3.82%) | 25.00% |
| An entry @23.81. This is a Buy Stop order right above the resistance zone. | An exit @22.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.91 points, which is 3.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PAGP Technicals: Chart, Performance Metrics, Trend & Indicators
23.67
-0.04 (-0.17%)
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 66.4835. This indicates that the stock is currently neutral.
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 -0.0471139, 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.