PBF ENERGY INC-CLASS A (PBF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PBF - US69318G1067 - Common Stock
We assign a technical rating of 4 out of 10 to PBF. In the last year, PBF was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
PBF has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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25.76
When analyzing the support we notice one important area.
- A support zone ranging from 26.02 to 26.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.16 to 32.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.79 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 | NEUTRAL | NEUTRAL | The short term trend for PBF is neutral. |
| ChartMill Relative Strength | 74.03 | POSITIVE | PBF has a high relative strength, it outperformed 74.03% 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) | DOWN | NEGATIVE | The current price of PBF is below a declining 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) | 59.79 | NEUTRAL | The RSI value for PBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests PBF has a positive trend. |
| Stochastics (14,3) | 54.67 | NEUTRAL | The Stochastics value for PBF is a neutral value. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for PBF suggests high volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for PBF suggests a strong trend. |
32.15
+3.91 (+13.85%)
PBF ENERGY INC-CLASS A / PBF FAQ
What is the technical rating for PBF stock?
ChartMill assigns a technical rating of 4 / 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 59.7916. 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 neutral.
What is the support and resistance level for PBF stock?
PBF ENERGY INC-CLASS A (PBF) has a support level at 26.42 and a resistance level at 32.16. Check the full technical report for our detailed analysis of PBF support and resistance levels.