PAR PACIFIC HOLDINGS INC (PARR) Stock Technical Analysis
NYSE:PARR • US69888T2078
Overall PARR gets a technical rating of 8 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.
- Looking at the yearly performance, PARR did better than 95% of all other stocks. We also observe that the gains produced by PARR over the past year are nicely spread over this period.
- PARR is part of the Oil, Gas & Consumable Fuels industry. There are 206 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 1159590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month PARR has a been trading in the 35.94 - 44.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PARR has an excellent technical rating, it does not present a decent entry opportunity 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
We found 2 important support areas.
- Support @36.71 from a trend line in the daily time frame.
- A support zone ranging from 34.82 to 35.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 40.90 to 42.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.30 to 43.31. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PARR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PARR is neutral. |
| ChartMill Relative Strength | 95.41 | POSITIVE | PARR has a high relative strength, it outperformed 95.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PARR is below 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) | 51.54 | NEUTRAL | The RSI value for PARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests PARR has a negative trend. |
| Stochastics (14,3) | 38.33 | NEUTRAL | The Stochastics value for PARR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for PARR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for PARR suggests a possible start of a new trend. |
40.63
+2.1 (+5.45%)
PAR PACIFIC HOLDINGS INC / PARR FAQ
Can you provide the ChartMill technical rating for PAR PACIFIC HOLDINGS INC?
ChartMill assigns a technical rating of 8 / 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 Bearish.
What is the RSI signal for PAR PACIFIC HOLDINGS INC (PARR) stock?
PAR PACIFIC HOLDINGS INC (PARR) has an RSI value of 51.5378. 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 -0.305668, 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.