PEMBINA PIPELINE CORP (PBA) Technical Analysis
NYSE:PBA • CA7063271034
Current stock price
PBA Technical Rating and Analysis
Overall PBA gets a technical rating of 6 out of 10. In the last year, PBA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- PBA is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 62% are performing better than PBA.
- 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.
- PBA 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 PBA is lagging the market slightly.
- In the last month PBA has a been trading in the 43.45 - 46.20 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 1664140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, PBA did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
PBA Weekly and Daily overview Charts
PBA Setup Rating and Analysis
Although the technical rating is only medium, PBA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 44.33, a Stop Loss order could be placed below this zone.
More info and screens
PBA Support and Resistance Analysis
35.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 43.04 to 44.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.02 to 38.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.12 from a horizontal line in the daily time frame.
- Support @35.94 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 44.50 to 44.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 45.78 to 45.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
PBA 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 PBA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBA is neutral. |
| ChartMill Relative Strength | 75 | POSITIVE | PBA has a high relative strength, it outperformed 75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | NEUTRAL | The RSI value for PBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PBA has a negative trend. |
| Stochastics (14,3) | 40.44 | NEUTRAL | The Stochastics value for PBA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for PBA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for PBA suggests a weak or negative trend. |
PBA Chart- and CandleStick Pattern Analysis
PBA 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 |
|---|---|---|---|
| 45.00 | 43.44 | 1.56 (3.47%) | 25.00% |
| An entry @45.00. This is a Buy Stop order right above the resistance zone. | An exit @43.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.56 points, which is 3.47%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
PBA Technicals: Chart, Performance Metrics, Trend & Indicators
44.34
-0.31 (-0.69%)
PEMBINA PIPELINE CORP / PBA TA FAQ
What is the technical rating for PBA stock?
ChartMill assigns a technical rating of 6 / 10 to PBA.
Can you provide the trend direction for PEMBINA PIPELINE CORP?
The current trend direction for PEMBINA PIPELINE CORP (PBA) is Bullish.
What is the RSI signal for PBA stock?
PEMBINA PIPELINE CORP (PBA) has an RSI value of 48.6919. This indicates that the stock is currently neutral.
What is the MACD signal for PBA stock?
The MACD indicator for PEMBINA PIPELINE CORP (PBA) has a value of -0.14896, indicating a bearish trend.
What is the short term momentum for PEMBINA PIPELINE CORP (PBA) stock?
The short term momentum for PEMBINA PIPELINE CORP (PBA) is neutral.