PIERIDAE ENERGY LTD (PEA.CA) Stock Technical Analysis
Canada - TSX:PEA - CA7207861021 - Common Stock
Taking everything into account, PEA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PEA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, PEA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.71, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.66 from a horizontal line in the daily time frame.
- Support @0.55 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for PEA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEA.CA is up. |
| ChartMill Relative Strength | 93.9 | POSITIVE | PEA.CA has a high relative strength, it outperformed 93.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PEA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PEA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.47 | NEUTRAL | The RSI value for PEA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PEA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.36 | NEUTRAL | The Stochastics value for PEA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for PEA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.6 | POSITIVE | The high ADX value value for PEA.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.78 | 0.69 | 0.09 (11.54%) | 8.67% |
| An entry @0.78. This is a Buy Stop order right above the 10 day high. | An exit @0.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.09 points, which is 11.54%. | When investing 8.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:PEA (10/3/2025, 7:00:00 PM)
0.75
+0.03 (+4.17%)
PIERIDAE ENERGY LTD / PEA.CA FAQ
What is the ChartMill technical rating of PIERIDAE ENERGY LTD (PEA.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to PEA.CA.
Can you provide the trend direction for PIERIDAE ENERGY LTD?
The current trend direction for PIERIDAE ENERGY LTD (PEA.CA) is Bullish.
What is the RSI signal for PEA stock?
PIERIDAE ENERGY LTD (PEA.CA) has an RSI value of 64.4703. This indicates that the stock is currently neutral.
What is the MACD signal for PIERIDAE ENERGY LTD (PEA.CA) stock?
The MACD indicator for PIERIDAE ENERGY LTD (PEA.CA) has a value of -0.000236645, indicating a bearish trend.
What are the support and resistance levels for PIERIDAE ENERGY LTD (PEA.CA) stock?
PIERIDAE ENERGY LTD (PEA.CA) has a support level at 0.71. Check the full technical report for our detailed analysis of PEA.CA support and resistance levels.