Pattern Energy Group Inc (PEGI.CA) Stock Technical Analysis
TSX:PEGI - Toronto Stock Exchange -
We assign a technical rating of 8 out of 10 to PEGI. In the last year, PEGI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
When comparing the yearly performance of all stocks, we notice that PEGI is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, PEGI also shows a nice and consistent pattern of rising prices.
PEGI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PEGI is performing more or less in line with the market.
In the last month PEGI has a been trading in the 31.00 - 37.80 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Volume is considerably higher in the last couple of days.
PEGI has an excellent technical rating, but the quality of the setup is 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
34.27
38.05
We found 2 important support areas.
- A support zone ranging from 35.98 to 36.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.62 to 35.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 37.26 to 37.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.44
Mansfield3.15
10 Day High37.4
10 Day Low31
20 Day High37.8
20 Day Low31
52 Week High37.8
52 Week Low27.8
Performance
1 Week1.25%
2 Weeks2.05%
1 Month0.65%
3 Month4.14%
6 Month3.93%
12 Month27.18%
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)56.46
LBB35.64
UBB37.51
TSX:PEGI (3/17/2020, 5:50:08 PM)
37.25
+1.74 (+4.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.9%
1 Week1.25%
2 Weeks2.05%
1 Month0.65%
3 Month4.14%
6 Month3.93%
12 Month27.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.43
ATR(20)%3.25%
ATR Inc324.98%
Range Today2.18
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
CRS92.44
Mansfield3.15
10 Day High37.4
10 Day Low31
20 Day High37.8
20 Day Low31
52 Week High37.8
52 Week Low27.8
CS1 End36.93
CR1 Start37.26
Volume & EV
DER(3)8.24%
DER(5)6.44%
Volume50.52K
Volume Incr51.52%
Vol(5)156.29K
Vol(50)65.43K