PAR PACIFIC HOLDINGS INC (PARR) Technical Analysis
NYSE:PARR • US69888T2078
Current stock price
PARR Technical Rating and Analysis
Overall PARR gets a technical rating of 9 out of 10. In the last year, PARR was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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.
- Looking at the yearly performance, PARR did better than 98% of all other stocks. On top of that, PARR also shows a nice and consistent pattern of rising prices.
- PARR is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. PARR outperforms 100% 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 1444040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PARR has a been trading in the 54.00 - 67.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PARR Weekly and Daily overview Charts
PARR Setup Rating and Analysis
Besides having an excellent technical rating, PARR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 65.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.32, a Stop Loss order could be placed below this zone.
More info and screens
PARR Support and Resistance Analysis
38.24
We found 3 important support areas.
- A support zone ranging from 57.32 to 57.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.05 from a trend line in the daily time frame.
- Support @38.63 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 65.67 to 65.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
PARR 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 PARR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PARR is neutral. |
| ChartMill Relative Strength | 98.42 | POSITIVE | PARR has a high relative strength, it outperformed 98.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PARR is below a declining 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) | 50.1 | NEUTRAL | The RSI value for PARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests PARR has a negative trend. |
| Stochastics (14,3) | 43.43 | NEUTRAL | The Stochastics value for PARR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for PARR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.36 | POSITIVE | The high ADX value value for PARR suggests a strong trend. |
PARR Chart- and CandleStick Pattern Analysis
PARR 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 |
|---|---|---|---|
| 61.91 | 57.31 | 4.60 (7.43%) | 13.46% |
| An entry @61.91. This is a Buy Stop order right above the 10 day moving average. | An exit @57.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.60 points, which is 7.43%. | When investing 13.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
PARR Technicals: Chart, Performance Metrics, Trend & Indicators
59.14
+1.81 (+3.16%)
PAR PACIFIC HOLDINGS INC / PARR TA 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.
Can you provide the RSI signal for PAR PACIFIC HOLDINGS INC?
PAR PACIFIC HOLDINGS INC (PARR) has an RSI value of 50.0984. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PAR PACIFIC HOLDINGS INC?
The MACD indicator for PAR PACIFIC HOLDINGS INC (PARR) has a value of -1.14654, indicating a bearish trend.
Can you provide the support and resistance levels for PAR PACIFIC HOLDINGS INC?
PAR PACIFIC HOLDINGS INC (PARR) has a support level at 57.32 and a resistance level at 65.67. Check the full technical report for our detailed analysis of PARR support and resistance levels.