POLARIS RENEWABLE ENERGY INC (PIF.CA) Technical Analysis

TSX:PIF • CA73108L1013

12.22 CAD
+0.13 (+1.08%)
Last: Mar 4, 2026, 07:00 PM
Technical Rating and Analysis

2

Taking everything into account, PIF scores 2 out of 10 in our technical rating. PIF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • When comparing the yearly performance of all stocks, PIF is a bad performer in the overall market: 67% of all stocks are doing better.
  • PIF is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry, of which 74% are performing better than PIF.
  • The long and short term trends are both neutral. This gives a pretty neutral overall picture!
  • 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.
  • In the last month PIF has a been trading in the 11.70 - 12.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
  • Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
POLARIS RENEWABLE ENERGY INC / PIF Weekly stock chart
POLARIS RENEWABLE ENERGY INC / PIF Daily stock chart
Setup Rating and Analysis

8

PIF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PIF in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

11.23

14.10

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 11.89 to 12.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @11.61 from a horizontal line in the daily time frame.
  • A support zone ranging from 11.34 to 11.35. This zone is formed by a combination of multiple trend lines in the weekly time frame.

3 important resistance areas can be observed.

  • Resistance @12.47 from a horizontal line in the daily time frame.
  • Resistance @12.68 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 13.80 to 13.96. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for PIF.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for PIF.CA is neutral.
ChartMill Relative Strength33.1NEUTRALPIF.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of PIF.CA is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PIF.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of PIF.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)51.45NEUTRALThe RSI value for PIF.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests PIF.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)50.78NEUTRALThe Stochastics value for PIF.CA is a neutral value.
Average True Range in percent/ATR (20)2.01MEDIUM VOLATILITYThe ATR as a percentage value for PIF.CA suggests some volalility.
Average Directional Index/ADX (14)26.38POSITIVEThe high ADX value value for PIF.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)

PIF.CA Technicals: Chart, Performance Metrics, Trend & Indicators

POLARIS RENEWABLE ENERGY INC / PIF Daily stock chart

POLARIS RENEWABLE ENERGY INC

TSX:PIF (3/4/2026, 7:00:00 PM)

12.22

+0.13 (+1.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.08%
1 Week1.66%
2 Weeks-0.24%
1 Month0%
3 Month3.3%
6 Month-3.7%
12 Month0.91%
2 Year4.71%
3 Year-8.26%
5 Year-42.9%
10 Year54.29%
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.01%
ATR Inc20.39%
Range Today0.41
ADR(20)0.24
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.1
3 months CRS48.65
6 months CRS19.99
Mansfield-0.87
10 Day High12.48
10 Day Low11.7
20 Day High12.56
20 Day Low11.7
52 Week High14.2
52 Week Low10.7
CS1 End12.21
CR1 Start12.47
Volume & EV
DER(3)4.35%
DER(5)-1.86%
Volume66.05K
Volume Incr6.64%
Vol(5)61.61K
Vol(50)42.67K

POLARIS RENEWABLE ENERGY INC / PIF.CA FAQ

What is the technical rating for PIF stock?

ChartMill assigns a technical rating of 2 / 10 to PIF.CA.


Can you provide the trend direction for POLARIS RENEWABLE ENERGY INC?

The current trend direction for POLARIS RENEWABLE ENERGY INC (PIF.CA) is Bearish.


What is the RSI signal for PIF stock?

POLARIS RENEWABLE ENERGY INC (PIF.CA) has an RSI value of 51.4454. This indicates that the stock is currently neutral.


What is the MACD signal for POLARIS RENEWABLE ENERGY INC (PIF.CA) stock?

The MACD indicator for POLARIS RENEWABLE ENERGY INC (PIF.CA) has a value of -0.00242486, indicating a bearish trend.


What is the support and resistance level for PIF stock?

POLARIS RENEWABLE ENERGY INC (PIF.CA) has a support level at 12.21 and a resistance level at 12.47. Check the full technical report for our detailed analysis of PIF.CA support and resistance levels.