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 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PBA was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PBA is a bad performer in the overall market: 76% of all stocks are doing better.
PBA has an average volume of 1368030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PBA is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, PBA did better than 40% of them.
PBA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PBA is lagging the market.
In the last month PBA has a been trading in a tight range between 36.09 and 38.06.
PBA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PBA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
34.77
41.30
3 important support areas can be observed.
- A support zone ranging from 37.02 to 37.34. 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.
- A support zone ranging from 35.12 to 35.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 37.51 to 37.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.22 from a trend line in the daily time frame.
- A resistance zone ranging from 39.94 to 40.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.89 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for PBA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBA is neutral. |
| ChartMill Relative Strength | 24.72 | NEGATIVE | PBA has a low relative strength, it was outperformed by 75.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBA is above the rising 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) | DOWN | NEGATIVE | The current price of PBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.38 | NEUTRAL | The RSI value for PBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PBA has a positive trend. |
| Stochastics (14,3) | 67.55 | NEUTRAL | The Stochastics value for PBA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for PBA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.4 | 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)
37.39
+0.19 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.51%
1 Week0.78%
2 Weeks2.52%
1 Month1.25%
3 Month-2.98%
6 Month0.75%
12 Month-2.35%
2 Year18.02%
3 Year-2.07%
5 Year53.62%
10 Year28.53%
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%1.73%
ATR Inc-2.69%
Range Today0.54
ADR(20)0.62
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.72
Mansfield-1.18
10 Day High37.54
10 Day Low36.18
20 Day High38.07
20 Day Low36.09
52 Week High43.44
52 Week Low34.13
CS1 End37.34
CR1 Start37.51
Volume & EV
DER(3)3.8%
DER(5)4.49%
Volume978.30K
Volume Incr-34.39%
Vol(5)936.80K
Vol(50)1.37M