PBF ENERGY INC-CLASS A (PBF) Stock Technical Analysis
NYSE:PBF - New York Stock Exchange, Inc. - US69318G1067 - Common Stock - Currency: USD
Overall PBF gets a technical rating of 2 out of 10. PBF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PBF is a bad performer in the overall market: 91% of all stocks are doing better.
PBF is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 81% of 213 stocks in the same industry do better.
PBF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PBF is lagging the market.
PBF has an average volume of 3394550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PBF has a been trading in the 16.35 - 23.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PBF is bad and it also does not present a 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
18.87
27.90
We can see 4 important resistance areas.
- A resistance zone ranging from 19.98 to 20.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.86 from a trend line in the daily time frame.
- Resistance @27.08 from a trend line in the weekly time frame.
- Resistance @27.62 from a trend 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 PBF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBF is neutral. |
| ChartMill Relative Strength | 9.71 | NEGATIVE | PBF has a low relative strength, it was outperformed by 90.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PBF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PBF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.24 | NEUTRAL | The RSI value for PBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests PBF has a negative trend. |
| Stochastics (14,3) | 33.41 | NEUTRAL | The Stochastics value for PBF is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for PBF suggests high volalility. |
| Average Directional Index/ADX (14) | 24.78 | NEUTRAL | The ADX value for PBF suggests a possible start of a new 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)
19.06
-1.29 (-6.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-6.34%
1 Week-10.31%
2 Weeks-16.77%
1 Month10.69%
3 Month-11.06%
6 Month-39.47%
12 Month-58.86%
2 Year-48.22%
3 Year-42.59%
5 Year79.47%
10 Year-28.93%
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%6.05%
ATR Inc-3.63%
Range Today1.67
ADR(20)1.03
ADR(20)%5.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.71
Mansfield-3.73
10 Day High23.21
10 Day Low18.97
20 Day High23.21
20 Day Low16.35
52 Week High48.2
52 Week Low13.62
CS1 EndN/A
CR1 Start19.98
Volume & EV
DER(3)2.34%
DER(5)0.29%
Volume3.19M
Volume Incr-5.54%
Vol(5)2.95M
Vol(50)3.39M