PINE CLIFF ENERGY LTD (PNE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PNE - CA7225241057 - Common Stock
Taking everything into account, PNE scores 2 out of 10 in our technical rating. PNE was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 85% of all other stocks performed better in the past year than PNE.
- PNE is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 75% are performing better than PNE.
- In the last month PNE has a been trading in the 0.73 - 0.84 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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 a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.77, a Stop Loss order could be placed below this zone.
More info and screens
0.64
4 important support areas can be observed.
- A support zone ranging from 0.75 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.73 from a horizontal line in the daily time frame.
- Support @0.68 from a trend line in the daily time frame.
- Support @0.65 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.87 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.89 to 0.89. 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 | UP | POSITIVE | The long term trend for PNE.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNE.CA is down. |
| ChartMill Relative Strength | 15.35 | NEGATIVE | PNE.CA has a low relative strength, it was outperformed by 84.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PNE.CA is above 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) | UP | POSITIVE | The current price of PNE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.44 | 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. |
| Stochastics (14,3) | 40 | NEUTRAL | The Stochastics value for PNE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for PNE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for PNE.CA suggests a possible start of a new trend. |
TSX:PNE (1/27/2026, 7:00:00 PM)
0.78
+0.02 (+2.63%)
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 Bullish.
What is the RSI signal for PINE CLIFF ENERGY LTD (PNE.CA) stock?
PINE CLIFF ENERGY LTD (PNE.CA) has an RSI value of 47.4357. 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 0.00280693, indicating a bearish trend.
Can you provide the buy/sell signal for PINE CLIFF ENERGY LTD?
The buy/sell signal for PINE CLIFF ENERGY LTD (PNE.CA) is hold as the short term and long term trends are mixed.