PINE CLIFF ENERGY LTD (PNE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PNE - CA7225241057 - Common Stock
Overall PNE gets a technical rating of 2 out of 10. In the last year, PNE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of PNE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.63
We found 2 important support areas.
- Support @0.67 from a trend line in the daily time frame.
- A support zone ranging from 0.64 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.88 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for PNE.CA is down. |
| ChartMill Relative Strength | 17.21 | NEGATIVE | PNE.CA has a low relative strength, it was outperformed by 82.79% 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) | UP | MIXED | The current price of PNE.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PNE.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.77 | NEUTRAL | The RSI value for PNE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PNE.CA has a negative trend. |
| Stochastics (14,3) | 10.93 | OVERSOLD | The low Stochastics value suggests PNE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PNE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.52 | POSITIVE | The high ADX value value for PNE.CA suggests a strong trend. |
TSX:PNE (1/8/2026, 7:00:00 PM)
0.75
-0.01 (-1.32%)
PINE CLIFF ENERGY LTD / PNE.CA FAQ
What is the technical rating for PNE stock?
ChartMill assigns a technical rating of 2 / 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 PINE CLIFF ENERGY LTD (PNE.CA) stock?
PINE CLIFF ENERGY LTD (PNE.CA) has an RSI value of 34.772. This indicates that the stock is currently neutral.
What is the MACD signal for PINE CLIFF ENERGY LTD (PNE.CA) stock?
The MACD indicator for PINE CLIFF ENERGY LTD (PNE.CA) has a value of -0.0120961, indicating a bearish trend.