POLARIS RENEWABLE ENERGY INC (PIF.CA) Stock Technical Analysis
TSX:PIF - CA73108L1013 - Common Stock
12.7 CAD
-0.15 (-1.17%)
Taking everything into account, PIF scores 7 out of 10 in our technical rating. Although PIF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PIF is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 77% of 32 stocks in the same industry do better.
Warning: PIF has an average volume of 28055 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month PIF has a been trading in the 12.00 - 12.87 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, PIF turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
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.
PIF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 12.46, 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 12.11 to 12.46. 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.
3 important resistance areas can be observed.
- 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 | UP | POSITIVE | The short term trend for PIF.CA is up. |
| ChartMill Relative Strength | 40.31 | 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) | DOWN | MIXED | The current price of PIF.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.42 | 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. |
| Stochastics (14,3) | 81.39 | OVERBOUGHT | The high Stochastics value suggests PIF.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for PIF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.67 | 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 |
|---|---|---|---|
| 13.00 | 12.09 | 0.91 (7.00%) | 14.29% |
| An entry @13.00. This is a Buy Stop order right above the resistance zone. | An exit @12.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.91 points, which is 7.00%. | When investing 14.29% 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 (8/25/2025, 7:00:00 PM)
12.7
-0.15 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.17%
1 Week1.76%
2 Weeks2.25%
1 Month4.53%
3 Month4.96%
6 Month5.05%
12 Month4.79%
2 Year-12.11%
3 Year-34.13%
5 Year-10.5%
10 Year33.68%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.12%
ATR Inc8.26%
Range Today0.19
ADR(20)0.25
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
CRS40.31
Mansfield-0.58
10 Day High12.87
10 Day Low12.1
20 Day High12.87
20 Day Low12
52 Week High13.66
52 Week Low10.7
CS1 End12.46
CR1 Start12.99
Volume & EV
DER(3)0.98%
DER(5)1.16%
Volume17.92K
Volume Incr-1.9%
Vol(5)35.81K
Vol(50)28.06K