PBF ENERGY INC-CLASS A (PBF) Stock Technical Analysis
USA - NYSE:PBF - US69318G1067 - Common Stock
Overall PBF gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PBF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although PBF has an excellent technical rating, it does not present a decent entry opportunity 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
25.80
4 important support areas can be observed.
- A support zone ranging from 28.62 to 29.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.45 from a horizontal line in the daily time frame.
- Support @26.79 from a trend line in the weekly time frame.
- Support @26.06 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.82 to 34.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PBF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBF is up. |
| ChartMill Relative Strength | 87.36 | POSITIVE | PBF has a high relative strength, it outperformed 87.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBF is above 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) | 63.12 | NEUTRAL | The RSI value for PBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests PBF has a positive trend. |
| Stochastics (14,3) | 85.39 | OVERBOUGHT | The high Stochastics value suggests PBF may be overbought. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for PBF suggests high volalility. |
| Average Directional Index/ADX (14) | 23.34 | NEUTRAL | The ADX value for PBF suggests a possible start of a new trend. |
33.44
-0.37 (-1.09%)
PBF ENERGY INC-CLASS A / PBF FAQ
What is the technical rating for PBF stock?
ChartMill assigns a technical rating of 9 / 10 to PBF.
Can you provide the trend direction for PBF ENERGY INC-CLASS A?
The current trend direction for PBF ENERGY INC-CLASS A (PBF) is Bullish.
What is the RSI signal for PBF ENERGY INC-CLASS A (PBF) stock?
PBF ENERGY INC-CLASS A (PBF) has an RSI value of 63.1218. This indicates that the stock is currently neutral.
What is the MACD signal for PBF ENERGY INC-CLASS A (PBF) stock?
The MACD indicator for PBF ENERGY INC-CLASS A (PBF) has a value of 0.41944, indicating a bearish trend.
What is the buy/sell signal for PBF stock?
The buy/sell signal for PBF ENERGY INC-CLASS A (PBF) is buy as both the short term and long term trends are positive.