POLARIS RENEWABLE ENERGY INC (PIF.CA) Stock Technical Analysis
TSX:PIF - Toronto Stock Exchange - CA73108L1013 - Common Stock - Currency: CAD
Taking everything into account, PIF scores 5 out of 10 in our technical rating. PIF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
63% of all other stocks performed better in the past year than PIF.
PIF is part of the Independent Power and Renewable Electricity Producers industry. There are 37 other stocks in this industry, of which 86% are performing better than PIF.
Warning: PIF has an average volume of 22894 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PIF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PIF is lagging the market slightly.
In the last month PIF has a been trading in a tight range between 11.79 and 12.45.
Volume is considerably higher in the last couple of days.
PIF has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.05
13.95
2 important support areas can be observed.
- A support zone ranging from 11.83 to 12.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.16 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @12.56 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for PIF.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PIF.CA is up. |
| ChartMill Relative Strength | 37.29 | 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) | 63.47 | NEUTRAL | The RSI value for PIF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PIF.CA has a positive trend. |
| Stochastics (14,3) | 74.34 | NEUTRAL | The Stochastics value for PIF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for PIF.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.3 | 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)
TSX:PIF (7/31/2025, 7:00:00 PM)
12.44
+0.29 (+2.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg2.39%
1 Week2.47%
2 Weeks1.06%
1 Month1.88%
3 Month7.43%
6 Month-3.12%
12 Month0.48%
2 Year-13.37%
3 Year-44.09%
5 Year-13.07%
10 Year1.06%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.47%
ATR Inc49.51%
Range Today0.27
ADR(20)0.18
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.29
Mansfield-0.69
10 Day High12.45
10 Day Low11.79
20 Day High12.45
20 Day Low11.79
52 Week High13.66
52 Week Low10.7
CS1 End12.17
CR1 Start12.56
Volume & EV
DER(3)8.38%
DER(5)7.36%
Volume51.87K
Volume Incr68.22%
Vol(5)36.25K
Vol(50)22.89K