PINE CLIFF ENERGY LTD (PNE.CA) Technical Analysis
TSX:PNE • CA7225241057
Current stock price
PNE.CA Technical Rating and Analysis
Taking everything into account, PNE scores 0 out of 10 in our technical rating. PNE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PNE is a bad performer in the overall market: 83% of all stocks are doing better.
- PNE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 80% of 203 stocks in the same industry do better.
- PNE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PNE has a been trading in the 0.58 - 0.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PNE.CA Weekly and Daily overview Charts
PNE.CA Setup Rating and Analysis
PNE has a poor technical rating and the quality of the setup is also only medium 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
PNE.CA Support and Resistance Analysis
0.58
When analyzing the support we notice one important area.
- Support @0.59 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.64 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.72 from a horizontal line in the daily time frame.
- Resistance @0.83 from a trend line in the weekly time frame.
- Resistance @0.86 from a trend line in the weekly time frame.
PNE.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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PNE.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNE.CA is down. |
| ChartMill Relative Strength | 17.22 | NEGATIVE | PNE.CA has a low relative strength, it was outperformed by 82.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNE.CA is below a declining 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) | 38.89 | NEUTRAL | The RSI value for PNE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PNE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.95 | NEUTRAL | The Stochastics value for PNE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for PNE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for PNE.CA suggests a weak or negative trend. |
PNE.CA Chart- and CandleStick Pattern Analysis
PNE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:PNE (4/28/2026, 7:00:00 PM)
0.61
-0.01 (-1.61%)
PINE CLIFF ENERGY LTD / PNE.CA TA FAQ
What is the technical rating for PNE stock?
ChartMill assigns a technical rating of 0 / 10 to PNE.CA.
What is the trend direction for PNE stock?
The current trend direction for PINE CLIFF ENERGY LTD (PNE.CA) is Bearish.
What is the RSI signal for PNE stock?
PINE CLIFF ENERGY LTD (PNE.CA) has an RSI value of 38.8887. This indicates that the stock is currently neutral.
What is the short term momentum for PNE stock?
The short term momentum for PINE CLIFF ENERGY LTD (PNE.CA) is negative.
What is the support and resistance level for PNE stock?
PINE CLIFF ENERGY LTD (PNE.CA) has a support level at 0.59 and a resistance level at 0.64. Check the full technical report for our detailed analysis of PNE.CA support and resistance levels.