PBF ENERGY INC-CLASS A (PBF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PBF - US69318G1067 - Common Stock
Overall PBF gets a technical rating of 1 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 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.
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25.76
When analyzing the support we notice one important area.
- A support zone ranging from 26.02 to 26.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.54 to 28.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.07 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for PBF is down. |
| ChartMill Relative Strength | 38.9 | NEUTRAL | PBF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PBF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.23 | NEUTRAL | The RSI value for PBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests PBF has a positive trend. |
| Stochastics (14,3) | 26.56 | NEUTRAL | The Stochastics value for PBF is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for PBF suggests some volalility. |
| Average Directional Index/ADX (14) | 31.99 | POSITIVE | The high ADX value value for PBF suggests a strong trend. |
28.53
+1.41 (+5.2%)
PBF ENERGY INC-CLASS A / PBF FAQ
What is the technical rating for PBF stock?
ChartMill assigns a technical rating of 1 / 10 to PBF.
What is the current trend direction of PBF ENERGY INC-CLASS A (PBF) stock?
The current trend direction for PBF ENERGY INC-CLASS A (PBF) is Bearish.
What is the RSI signal for PBF ENERGY INC-CLASS A (PBF) stock?
PBF ENERGY INC-CLASS A (PBF) has an RSI value of 45.2316. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PBF ENERGY INC-CLASS A?
The short term momentum for PBF ENERGY INC-CLASS A (PBF) is negative.
What is the support and resistance level for PBF stock?
PBF ENERGY INC-CLASS A (PBF) has a support level at 26.15 and a resistance level at 28.54. Check the full technical report for our detailed analysis of PBF support and resistance levels.