NYSE:PBF - New York Stock Exchange, Inc. - US69318G1067 - Common Stock - Currency: USD
Taking everything into account, PBF scores 6 out of 10 in our technical rating. PBF has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
PBF has an average technical rating and the quality of the presented setup is also not ideal 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.
19.48
3 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for PBF is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBF is up. |
ChartMill Relative Strength | 45.08 | NEUTRAL | PBF is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of PBF is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 62.92 | NEUTRAL | The RSI value for PBF is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PBF has a positive trend. |
Stochastics (14,3) | 53.1 | NEUTRAL | The Stochastics value for PBF is a neutral value. |
Average True Range in percent/ATR (20) | 5.81 | HIGH VOLATILITY | The high ATR as a percentage value for PBF suggests high volalility. |
Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for PBF suggests a strong trend. |
23.83
+1.56 (+7%)