PEMBINA PIPELINE CORP (PBA) Stock Technical Analysis
NYSE:PBA - New York Stock Exchange, Inc. - CA7063271034 - Common Stock - Currency: USD
Overall PBA gets a technical rating of 3 out of 10. In the last year, PBA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month PBA has a been trading in the 36.81 - 39.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PBA has an average volume of 1168050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, PBA outperforms 49% of them, which is more or less in line with the market.
PBA is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, PBA did better than 66% of them.
PBA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PBA is lagging the market slightly.
PBA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.60, a Stop Loss order could be placed below this zone.
More info and screens
34.77
40.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.03 to 37.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.87 to 36.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.12 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 37.77 to 38.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 39.92 to 40.12. 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 PBA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBA is neutral. |
| ChartMill Relative Strength | 49.67 | NEUTRAL | PBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PBA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.63 | NEUTRAL | The RSI value for PBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PBA has a positive trend. |
| Stochastics (14,3) | 71.43 | NEUTRAL | The Stochastics value for PBA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for PBA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.57 | NEGATIVE | The low ADX value for PBA 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)
37.76
-0.01 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.03%
1 Week1.29%
2 Weeks1.21%
1 Month-4.24%
3 Month-0.26%
6 Month-4.26%
12 Month1.94%
2 Year20.1%
3 Year6.82%
5 Year51.04%
10 Year16.9%
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.56%
ATR Inc-17.8%
Range Today0.31
ADR(20)0.58
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.67
Mansfield-0.62
10 Day High38.24
10 Day Low36.87
20 Day High39.74
20 Day Low36.81
52 Week High43.44
52 Week Low34.13
CS1 End37.6
CR1 Start37.77
Volume & EV
DER(3)-6.26%
DER(5)-1.42%
Volume867.00K
Volume Incr-16.58%
Vol(5)1.13M
Vol(50)1.17M