Pattern Energy Group Inc (PEG.CA) Stock Technical Analysis
TSX:PEG - Toronto Stock Exchange -
We assign a technical rating of 3 out of 10 to PEG. PEG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: PEG has an average volume of 16586 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that PEG is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PEG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PEG is lagging the market slightly.
In the last month PEG has a been trading in a tight range between 26.28 and 27.46.
Although the technical rating is bad, PEG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 26.63, a Stop Loss order could be placed below this zone.
More info and screens
25.10
29.63
When analyzing the support we notice one important area.
- A support zone ranging from 25.35 to 26.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.73 to 27.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.34 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.59
Mansfield-1.22
10 Day High27.46
10 Day Low26.4
20 Day High27.46
20 Day Low26.28
52 Week High33
52 Week Low23.24
Performance
1 Week-1.3%
2 Weeks-1.55%
1 Month-0.49%
3 Month4.96%
6 Month-9.63%
12 Month10.31%
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)-0.04
RSI(14)45.45
LBB26.37
UBB27.54
26.64
-0.13 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-1.3%
2 Weeks-1.55%
1 Month-0.49%
3 Month4.96%
6 Month-9.63%
12 Month10.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%1.58%
ATR Inc37.04%
Range Today0.56
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
CRS71.59
Mansfield-1.22
10 Day High27.46
10 Day Low26.4
20 Day High27.46
20 Day Low26.28
52 Week High33
52 Week Low23.24
CS1 End26.63
CR1 Start26.73
Volume & EV
DER(3)0%
DER(5)0%
Volume15.12K
Volume Incr-61.55%
Vol(5)11.68K
Vol(50)16.59K