POLARIS RENEWABLE ENERGY INC (PIF.CA) Technical Analysis

TSX:PIF • CA73108L1013

Current stock price

12.78 CAD
+0.01 (+0.08%)
Last:

PIF.CA Technical Rating and Analysis

8

Overall PIF gets a technical rating of 8 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 32 other stocks in this industry, of which 70% are performing better than PIF.
  • The long and short term trends are both positive. This is looking good!
  • PIF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
  • Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
  • 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 41% 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.CA Weekly and Daily overview Charts

POLARIS RENEWABLE ENERGY INC / PIF Weekly stock chart
POLARIS RENEWABLE ENERGY INC / PIF Daily stock chart

PIF.CA Setup Rating and Analysis

7

PIF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 12.47, a Stop Loss order could be placed below this zone.

PIF.CA Support and Resistance Analysis

11.23

14.20

We found 4 important support areas.

  • A support zone ranging from 12.31 to 12.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @11.89 from a horizontal line in the daily time frame.
  • Support @11.65 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.

We can see 2 important resistance areas.

  • A resistance zone ranging from 12.89 to 13.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 13.80 to 14.06. This zone is formed by a combination of multiple trend lines in multiple time frames.

PIF.CA 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 IndicatorUPPOSITIVEThe long term trend for PIF.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for PIF.CA is up.
ChartMill Relative Strength41.31NEUTRALPIF.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PIF.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PIF.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PIF.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)56.19NEUTRALThe 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.
Stochastics (14,3)68.28NEUTRALThe Stochastics value for PIF.CA is a neutral value.
Average True Range in percent/ATR (20)1.83LOW VOLATILITYThe low ATR as a percentage value for PIF.CA suggests low volalility.
Average Directional Index/ADX (14)27.11POSITIVEThe high ADX value value for PIF.CA suggests a strong trend.

PIF.CA 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 Example Setup

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.

ENTRYEXITDISTANCECAPITAL
13.0612.640.42 (3.22%)25.00%
An entry @13.06. This is a Buy Stop order right above the resistance zone.An exit @12.64. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.42 points, which is 3.22%.For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.

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

POLARIS RENEWABLE ENERGY INC / PIF Daily stock chart

POLARIS RENEWABLE ENERGY INC

TSX:PIF (4/22/2026, 7:00:00 PM)

12.78

+0.01 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.08%
1 Week-1.39%
2 Weeks1.03%
1 Month5.62%
3 Month4.75%
6 Month-8.39%
12 Month7.85%
2 Year10.46%
3 Year-4.34%
5 Year-35.88%
10 Year54.91%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.83%
ATR Inc-8.6%
Range Today0.14
ADR(20)0.22
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.31
3 months CRS74.31
6 months CRS20.91
Mansfield-0.62
10 Day High13.11
10 Day Low12.65
20 Day High13.11
20 Day Low12.01
52 Week High14.2
52 Week Low11.19
CS1 End12.47
CR1 Start12.89
Volume & EV
DER(3)-3.72%
DER(5)-4.32%
Volume22.99K
Volume Incr-43.68%
Vol(5)22.05K
Vol(50)42.65K

POLARIS RENEWABLE ENERGY INC / PIF.CA TA FAQ

What is the technical rating for PIF stock?

ChartMill assigns a technical rating of 8 / 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 Bullish.


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

POLARIS RENEWABLE ENERGY INC (PIF.CA) has an RSI value of 56.193. This indicates that the stock is currently neutral.


What is the MACD signal for PIF stock?

The MACD indicator for POLARIS RENEWABLE ENERGY INC (PIF.CA) has a value of -0.00458815, indicating a bearish trend.


What is the buy/sell signal for PIF stock?

The buy/sell signal for POLARIS RENEWABLE ENERGY INC (PIF.CA) is buy as both the short term and long term trends are positive.