PROFIRE ENERGY INC (PFIE) Stock Technical Analysis
NASDAQ:PFIE - Nasdaq - US74316X1019 - Common Stock - Currency: USD
Overall PFIE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PFIE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PFIE did better than 92% of all other stocks.
PFIE is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry. PFIE outperforms 96% of them.
PFIE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
PFIE has an average volume of 1032000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PFIE has a been trading in a tight range between 2.51 and 2.56.
Considerably lower volume is observed in the last couple of days.
PFIE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.54, a Stop Loss order could be placed below this zone.
More info and screens
1.36
2.59
4 important support areas can be observed.
- A support zone ranging from 2.51 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.98 from a trend line in the daily time frame.
- Support @1.53 from a trend line in the weekly time frame.
- Support @1.37 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.55 to 2.56. 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 | UP | POSITIVE | The long term trend for PFIE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFIE is up. |
| ChartMill Relative Strength | 92.78 | POSITIVE | PFIE has a high relative strength, it outperformed 92.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFIE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFIE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFIE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.55 | NEUTRAL | The RSI value for PFIE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PFIE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65 | NEUTRAL | The Stochastics value for PFIE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for PFIE suggests low volalility. |
| Average Directional Index/ADX (14) | 53.75 | POSITIVE | The high ADX value value for PFIE 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)
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 |
|---|---|---|---|
| 2.57 | 2.50 | 0.07 (2.72%) | 25.00% |
| An entry @2.57. This is a Buy Stop order right above the resistance zone. | An exit @2.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 2.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
2.54
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0%
1 Week0%
2 Weeks0.4%
1 Month0.4%
3 Month45.98%
6 Month61.78%
12 Month52.1%
2 Year128.83%
3 Year124.78%
5 Year82.73%
10 Year11.4%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.67%
ATR Inc21.74%
Range Today0.02
ADR(20)0.02
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.78
Mansfield3.08
10 Day High2.56
10 Day Low2.51
20 Day High2.56
20 Day Low2.51
52 Week High2.56
52 Week Low1.33
CS1 End2.54
CR1 Start2.55
Volume & EV
DER(3)-6.07%
DER(5)-1.4%
Volume167.10K
Volume Incr-15.6%
Vol(5)360.04K
Vol(50)1.03M