PINE CLIFF ENERGY LTD (PNE.CA) Stock Technical Analysis
TSX:PNE - Toronto Stock Exchange - CA7225241057 - Common Stock - Currency: CAD
Overall PNE gets a technical rating of 6 out of 10. PNE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PNE 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.
When compared to the yearly performance of all other stocks, PNE outperforms 41% of them, which is more or less in line with the market.
PNE is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, PNE did better than 48% of them.
PNE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PNE is lagging the market.
PNE has an average technical rating and it also does not offer a high quality setup 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
0.62
0.79
We found 1 important support area.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.74 from a trend line in the daily time frame.
- A resistance zone ranging from 0.76 to 0.78. 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 PNE.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNE.CA is up. |
| ChartMill Relative Strength | 41.46 | NEUTRAL | PNE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.43 | NEUTRAL | The RSI value for PNE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PNE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.97 | OVERBOUGHT | The high Stochastics value suggests PNE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for PNE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.59 | POSITIVE | The high ADX value value for PNE.CA suggests a strong 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:PNE (7/22/2025, 7:00:00 PM)
0.74
-0.01 (-1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.33%
1 Week-1.33%
2 Weeks17.46%
1 Month15.63%
3 Month29.82%
6 Month-21.28%
12 Month-17.78%
2 Year-52.26%
3 Year-59.78%
5 Year492%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.59%
ATR Inc-2%
Range Today0.04
ADR(20)0.03
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.46
Mansfield-1.49
10 Day High0.78
10 Day Low0.62
20 Day High0.78
20 Day Low0.62
52 Week High1.06
52 Week Low0.51
CS1 End0.64
CR1 Start0.74
Volume & EV
DER(3)-0.15%
DER(5)-11.05%
Volume156.95K
Volume Incr17.6%
Vol(5)194.86K
Vol(50)196.41K