PBF ENERGY INC-CLASS A (PBF) Stock Technical Analysis
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PBF has a been trading in the 17.53 - 24.96 range, which is quite wide. It is currently trading near the high of this range.
PBF has an average volume of 3394900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PBF outperforms 45% of them, which is more or less in line with the market.
PBF is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 59% of 211 stocks in the same industry.
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.
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.
More info and screens
19.48
26.30
3 important support areas can be observed.
- Support @23.73 from a trend line in the daily time frame.
- A support zone ranging from 21.14 to 21.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.68 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @23.84 from a horizontal line in the weekly time frame.
- Resistance @24.39 from a horizontal line in the daily time frame.
- Resistance @26.04 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 | 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. |
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)
23.83
+1.56 (+7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg7%
1 Week12.14%
2 Weeks-2.3%
1 Month21.96%
3 Month58.87%
6 Month-12.26%
12 Month-45.13%
2 Year-49.77%
3 Year-28.55%
5 Year174.54%
10 Year-24.52%
15 YearN/A
Volatility
ATR(14)1.43
ATR(20)%5.81%
ATR Inc0.71%
Range Today1.47
ADR(20)1.32
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.08
Mansfield-1.88
10 Day High24.96
10 Day Low20.98
20 Day High24.96
20 Day Low17.53
52 Week High44.1
52 Week Low13.62
CS1 End21.25
CR1 Start23.81
Volume & EV
DER(3)1.3%
DER(5)2.74%
Volume3.68M
Volume Incr1.64%
Vol(5)3.78M
Vol(50)3.39M