POLARIS RENEWABLE ENERGY INC (PIF.CA) Stock Technical Analysis
TSX:PIF - Toronto Stock Exchange - CA73108L1013 - Common Stock - Currency: CAD
Overall PIF gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PIF is only an average performer.
PIF is part of the Independent Power and Renewable Electricity Producers industry. There are 34 other stocks in this industry, of which 75% are performing better than PIF.
Warning: PIF has an average volume of 26844 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month PIF has a been trading in the 11.79 - 12.79 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, PIF outperforms 41% of them, which is more or less in line with the market.
PIF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PIF is lagging the market.
Volume is considerably higher in the last couple of days.
PIF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 12.40, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
11.05
13.95
We found 3 important support areas.
- A support zone ranging from 12.00 to 12.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.61 from a horizontal line in the daily time frame.
- A support zone ranging from 11.16 to 11.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @12.61 from a trend line in the daily time frame.
- Resistance @12.99 from a horizontal line in the daily time frame.
- Resistance @13.47 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 13.80 to 13.81. 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 PIF.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PIF.CA is neutral. |
| ChartMill Relative Strength | 41.87 | NEUTRAL | PIF.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PIF.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.28 | NEUTRAL | The RSI value for PIF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PIF.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73 | NEUTRAL | The Stochastics value for PIF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for PIF.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.45 | NEGATIVE | The low ADX value for PIF.CA suggests a weak or negative 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 |
|---|---|---|---|
| 12.62 | 11.99 | 0.63 (4.99%) | 20.03% |
| An entry @12.62. This is a Buy Stop order right above the resistance zone. | An exit @11.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.63 points, which is 4.99%. | When investing 20.03% 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:PIF (8/11/2025, 7:00:00 PM)
12.42
-0.16 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.27%
1 Week-0.24%
2 Weeks2.22%
1 Month1.64%
3 Month4.37%
6 Month-0.32%
12 Month4.81%
2 Year-14.05%
3 Year-35.58%
5 Year-12.47%
10 Year30.74%
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.99%
ATR Inc8.36%
Range Today0.25
ADR(20)0.24
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.87
Mansfield-0.72
10 Day High12.79
10 Day Low12
20 Day High12.79
20 Day Low11.79
52 Week High13.66
52 Week Low10.7
CS1 End12.4
CR1 Start12.61
Volume & EV
DER(3)1.91%
DER(5)0.02%
Volume52.00K
Volume Incr94.11%
Vol(5)48.60K
Vol(50)26.84K