PAR PACIFIC HOLDINGS INC (PARR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:PARR • US69888T2078
Overall PARR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PARR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PARR is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by PARR over the past year are nicely spread over this period.
- PARR is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 96% of 207 stocks in the same industry.
- 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.
- In the last month PARR has a been trading in the 34.37 - 40.70 range, which is quite wide. It is currently trading near the high of this range.
- PARR has an average volume of 1145350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PARR has an excellent technical rating, it does not offer a high 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
34.47
When analyzing the support we notice one important area.
- A support zone ranging from 34.82 to 35.43. 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 | UP | POSITIVE | The long term trend for PARR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PARR is up. |
| ChartMill Relative Strength | 95.48 | POSITIVE | PARR has a high relative strength, it outperformed 95.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PARR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PARR is above 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) | 63.09 | NEUTRAL | The RSI value for PARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests PARR has a positive trend. |
| Stochastics (14,3) | 84.91 | OVERBOUGHT | The high Stochastics value suggests PARR may be overbought. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for PARR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.58 | NEGATIVE | The low ADX value for PARR suggests a weak or negative trend. |
40.79
+0.52 (+1.29%)
PAR PACIFIC HOLDINGS INC / PARR FAQ
Can you provide the ChartMill technical rating for PAR PACIFIC HOLDINGS INC?
ChartMill assigns a technical rating of 9 / 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 63.0911. 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 0.53442, 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 positive.