PAR PACIFIC HOLDINGS INC (PARR) Stock Technical Analysis
USA - NYSE:PARR - US69888T2078 - Common Stock
34.97 USD
-0.66 (-1.85%)
34.97 USD
0 (0%)
We assign a technical rating of 9 out of 10 to PARR. 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!
PARR is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 210 stocks in the same industry.
PARR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PARR has a been trading in the 27.84 - 36.39 range, which is quite wide. It is currently trading near the high of this range.
PARR has an average volume of 1490570 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 PARR is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PARR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PARR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.26
36.57
4 important support areas can be observed.
- A support zone ranging from 32.81 to 33.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.09 to 32.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.44 from a trend line in the daily time frame.
- Support @26.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @35.07 from a horizontal line in the weekly time frame.
- Resistance @36.21 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 | UP | POSITIVE | The short term trend for PARR is up. |
| ChartMill Relative Strength | 91.26 | POSITIVE | PARR has a high relative strength, it outperformed 91.26% 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) | UP | POSITIVE | The current price of PARR is above the rising 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) | 57.18 | NEUTRAL | The RSI value for PARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PARR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.49 | NEUTRAL | The Stochastics value for PARR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PARR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for PARR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 35.08 | 32.80 | 2.28 (6.50%) | 15.39% |
| An entry @35.08. This is a Buy Stop order right above the resistance zone. | An exit @32.80. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.28 points, which is 6.50%. | For a 1.00% total portfolio risk, you can invest 15.39% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PARR. Please evaluate whether better entry and exit points can be found.
- 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.
34.97
-0.66 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.85%
1 Week6.55%
2 Weeks3.22%
1 Month16.06%
3 Month25.48%
6 Month144.38%
12 Month80.72%
2 Year-2.7%
3 Year113.1%
5 Year416.54%
10 Year67.88%
15 YearN/A
Volatility
ATR(14)1.7
ATR(20)%4.91%
ATR Inc-35.06%
Range Today1.14
ADR(20)1.68
ADR(20)%4.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.26
Mansfield5.33
10 Day High36.39
10 Day Low32.24
20 Day High36.39
20 Day Low27.84
52 Week High36.39
52 Week Low11.86
CS1 End33.07
CR1 Start35.07
Volume & EV
DER(3)2.99%
DER(5)5.13%
Volume2.82M
Volume Incr7.09%
Vol(5)1.84M
Vol(50)1.49M