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. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month PARR has a been trading in the 54.00 - 67.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- 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. 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 99% of 209 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.
- PARR has an average volume of 1442910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PARR Weekly and Daily overview Charts
PARR Setup Rating and Analysis
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
PARR Support and Resistance Analysis
38.18
When analyzing the support we can see 2 important areas.
- Support @44.87 from a trend line in the daily time frame.
- Support @38.57 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 | 98.3 | POSITIVE | PARR has a high relative strength, it outperformed 98.3% 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) | 46.97 | NEUTRAL | The RSI value for PARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.04 | NEGATIVE | The MACD value suggests PARR has a negative trend. |
| Stochastics (14,3) | 48.46 | NEUTRAL | The Stochastics value for PARR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for PARR suggests high volalility. |
| Average Directional Index/ADX (14) | 30.61 | POSITIVE | The high ADX value value for PARR suggests a strong trend. |
PARR Chart- and CandleStick Pattern Analysis
PARR Technicals: Chart, Performance Metrics, Trend & Indicators
57.33
-6.38 (-10.01%)
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 46.9669. 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 -1.03976, 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 44.87 and a resistance level at 65.67. Check the full technical report for our detailed analysis of PARR support and resistance levels.