PBF ENERGY INC-CLASS A (PBF) Stock Technical Analysis
NYSE:PBF - New York Stock Exchange, Inc. - US69318G1067 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PBF. PBF performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
81% of all other stocks performed better in the past year than PBF.
PBF is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 62% of 209 stocks in the same industry do better.
PBF has an average volume of 3496400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
PBF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PBF is lagging the market.
In the last month PBF has a been trading in the 21.24 - 25.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PBF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PBF 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
21.04
28.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.43 to 22.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.68 to 21.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.49 to 23.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.61 from a trend line in the weekly time frame.
- A resistance zone ranging from 27.85 to 27.92. 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 | NEUTRAL | NEUTRAL | The long term trend for PBF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBF is neutral. |
| ChartMill Relative Strength | 19.54 | NEGATIVE | PBF has a low relative strength, it was outperformed by 80.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PBF is above a declining 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) | 51.16 | NEUTRAL | The RSI value for PBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PBF has a positive trend. |
| Stochastics (14,3) | 56.4 | NEUTRAL | The Stochastics value for PBF is a neutral value. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for PBF suggests high volalility. |
| Average Directional Index/ADX (14) | 14.74 | NEGATIVE | The low ADX value for PBF 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)
23.48
-0.24 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.01%
1 Week7.02%
2 Weeks-0.72%
1 Month-2.21%
3 Month15.72%
6 Month1.21%
12 Month-31.37%
2 Year-49.93%
3 Year-31.26%
5 Year174.3%
10 Year-21.52%
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%5.42%
ATR Inc-19.19%
Range Today1.24
ADR(20)1.23
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.54
Mansfield-1.49
10 Day High24.32
10 Day Low21.46
20 Day High25.68
20 Day Low21.24
52 Week High34.57
52 Week Low13.62
CS1 End22.86
CR1 Start23.49
Volume & EV
DER(3)6.11%
DER(5)7.58%
Volume3.13M
Volume Incr-16.99%
Vol(5)2.82M
Vol(50)3.50M