PAR PACIFIC HOLDINGS INC (PARR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PARR - US69888T2078 - Common Stock
Overall PARR gets a technical rating of 4 out of 10. PARR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- PARR is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry. PARR outperforms 94% of them.
- PARR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PARR is lagging the market slightly.
- PARR has an average volume of 1273050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, PARR did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month PARR has a been trading in the 34.46 - 39.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PARR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 36.82, a Stop Loss order could be placed below this zone.
More info and screens
34.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 36.58 to 36.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.00 to 35.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @38.65 from a horizontal line in the daily 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 PARR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PARR is neutral. |
| ChartMill Relative Strength | 93.03 | POSITIVE | PARR has a high relative strength, it outperformed 93.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PARR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PARR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PARR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.72 | NEUTRAL | The RSI value for PARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests PARR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.93 | NEUTRAL | The Stochastics value for PARR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for PARR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.07 | NEGATIVE | The low ADX value for PARR suggests a weak or negative trend. |
36.87
-1.77 (-4.58%)
PAR PACIFIC HOLDINGS INC / PARR FAQ
Can you provide the ChartMill technical rating for PAR PACIFIC HOLDINGS INC?
ChartMill assigns a technical rating of 4 / 10 to PARR.
Can you provide the trend direction for PAR PACIFIC HOLDINGS INC?
The current trend direction for PAR PACIFIC HOLDINGS INC (PARR) is Bullish.
What is the RSI signal for PAR PACIFIC HOLDINGS INC (PARR) stock?
PAR PACIFIC HOLDINGS INC (PARR) has an RSI value of 44.7175. This indicates that the stock is currently neutral.
What is the MACD signal for PARR stock?
The MACD indicator for PAR PACIFIC HOLDINGS INC (PARR) has a value of 0.386219, indicating a bearish trend.
What is the short term momentum for PAR PACIFIC HOLDINGS INC (PARR) stock?
The short term momentum for PAR PACIFIC HOLDINGS INC (PARR) is neutral.