PBF LOGISTICS LP (PBFX) Stock Technical Analysis
NYSE:PBFX - New York Stock Exchange, Inc. - US69318Q1040 - Currency: USD
Overall PBFX gets a technical rating of 8 out of 10. In the last year, PBFX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month PBFX has a been trading in the 19.68 - 22.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that PBFX is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by PBFX over the past year are nicely spread over this period.
PBFX is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 98% of 210 stocks in the same industry.
PBFX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PBFX is lagging the market slightly.
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.
Although PBFX has an excellent technical rating, it 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
12.75
22.41
When analyzing the support we can see 6 important areas.
- Support @18.21 from a trend line in the daily time frame.
- Support @16.96 from a horizontal line in the daily time frame.
- Support @15.09 from a trend line in the weekly time frame.
- Support @14.00 from a trend line in the daily time frame.
- Support @13.53 from a trend line in the weekly time frame.
- A support zone ranging from 12.88 to 12.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.32 to 21.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.19 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.09
Mansfield2.32
10 Day High22.25
10 Day Low19.68
20 Day High22.37
20 Day Low19.68
52 Week High22.6
52 Week Low10.65
Performance
1 Week-9.42%
2 Weeks-10.32%
1 Month-9.42%
3 Month8.45%
6 Month18.1%
12 Month74.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.28
RSI(14)35.51
LBB20.21
UBB22.73
19.9
-0.49 (-2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.4%
1 Week-9.42%
2 Weeks-10.32%
1 Month-9.42%
3 Month8.45%
6 Month18.1%
12 Month74.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%3.12%
ATR Inc24.68%
Range Today0.88
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.09
Mansfield2.32
10 Day High22.25
10 Day Low19.68
20 Day High22.37
20 Day Low19.68
52 Week High22.6
52 Week Low10.65
CS1 End18.21
CR1 Start21.32
Volume & EV
DER(3)6.82%
DER(5)7.72%
Volume6.89M
Volume Incr534.08%
Vol(5)1.77M
Vol(50)440.05K