PBF LOGISTICS LP (PBFX)

US69318Q1040

19.9  -0.49 (-2.4%)

After market: 19.95 +0.05 (+0.25%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to PBFX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month PBFX has a been trading in the 19.68 - 22.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that PBFX is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by PBFX over the past year are nicely spread over this period.
PBFX is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. PBFX outperforms 99% of them.
PBFX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PBFX is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
PBFX Weekly chart
PBFX Daily chart
Setup Rating and Analysis

2

Although PBFX has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

12.75

22.41

We found 6 important support areas.

  • Support @18.21 from a trend line in the daily time frame.
  • Support @16.96 from a horizontal line in the daily time frame.
  • Support @15.09 from a trend line in the weekly time frame.
  • Support @14.00 from a trend line in the daily time frame.
  • Support @13.53 from a trend line in the weekly time frame.
  • A support zone ranging from 12.88 to 12.91. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 21.32 to 21.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @22.19 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.09
Mansfield2.32
10 Day High22.25
10 Day Low19.68
20 Day High22.37
20 Day Low19.68
52 Week High22.6
52 Week Low10.65
Performance
1 Week-9.42%
2 Weeks-10.32%
1 Month-9.42%
3 Month8.45%
6 Month18.1%
12 Month74.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.28
RSI(14)35.51
LBB20.21
UBB22.73
PBFX Daily chart

PBF LOGISTICS LP

NYSE:PBFX (11/30/2022, 7:04:00 PM)

After market: 19.95 +0.05 (+0.25%)

19.9

-0.49 (-2.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.4%
1 Week-9.42%
2 Weeks-10.32%
1 Month-9.42%
3 Month8.45%
6 Month18.1%
12 Month74.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%3.12%
ATR Inc
Range Today0.88
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.25
10 Day Low19.68
20 Day High22.37
20 Day Low19.68
52 Week High22.6
52 Week Low10.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.89M
Volume Incr534.08%
Vol(5)1.77M
Vol(50)440.05K