PAR PACIFIC HOLDINGS INC (PARR) Stock Technical Analysis
USA - NYSE:PARR - US69888T2078 - Common Stock
Taking everything into account, PARR scores 10 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, PARR is showing a nice and steady performance.
Besides having an excellent technical rating, PARR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
32.49
We found 3 important support areas.
- Support @39.32 from a trend line in the daily time frame.
- A support zone ranging from 36.69 to 37.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.82 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 | 96.82 | POSITIVE | PARR has a high relative strength, it outperformed 96.82% 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) | 61.59 | NEUTRAL | The RSI value for PARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests PARR has a positive trend. |
| Stochastics (14,3) | 66.8 | NEUTRAL | The Stochastics value for PARR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for PARR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for PARR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 44.53 | 39.31 | 5.22 (11.72%) | 8.53% |
| An entry @44.53. This is a Buy Stop order right above the 10 day high. | An exit @39.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.22 points, which is 11.72%. | When investing 8.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
43.8
+2.67 (+6.49%)
PAR PACIFIC HOLDINGS INC / PARR FAQ
Can you provide the ChartMill technical rating for PAR PACIFIC HOLDINGS INC?
ChartMill assigns a technical rating of 10 / 10 to PARR.
What is the trend direction for PARR stock?
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 61.5945. This indicates that the stock is currently neutral.
What is the MACD signal for PAR PACIFIC HOLDINGS INC (PARR) stock?
The MACD indicator for PAR PACIFIC HOLDINGS INC (PARR) has a value of 0.136036, indicating a bearish trend.
What is the short term momentum for PARR stock?
The short term momentum for PAR PACIFIC HOLDINGS INC (PARR) is positive.