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PEYTO EXPLORATION & DEV CORP (PEY.CA) Stock Technical Analysis

TSX:PEY - Toronto Stock Exchange - CA7170461064 - Common Stock - Currency: CAD

16.57  +0.1 (+0.61%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PEY. Although PEY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
PEY 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 PEY is lagging the market slightly.
In the last month PEY has a been trading in the 14.57 - 16.87 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, PEY outperforms 57% of them, which is more or less in line with the market.
PEY is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 69% of 221 stocks in the same industry.
Weekly and Daily overview Charts
PEYTO EXPLORATION & DEV CORP / PEY Weekly stock chart
PEYTO EXPLORATION & DEV CORP / PEY Daily stock chart
Setup Rating and Analysis

8

PEY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.36, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

14.63

17.53

2 important support areas can be observed.

  • A support zone ranging from 15.14 to 16.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @14.78 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 17.16 to 17.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.1
Mansfield0.06
10 Day High16.87
10 Day Low15.6
20 Day High16.87
20 Day Low14.57
52 Week High17.57
52 Week Low13.4
Performance
1 Week3.56%
2 Weeks6.08%
1 Month0.36%
3 Month-3.44%
6 Month12.87%
12 Month19.04%
2 Year39.71%
3 Year51.46%
5 Year653.18%
10 Year-52.6%
15 Year20.95%
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)0.11
RSI(14)57.9
LBB15.26
UBB16.69
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
17.3715.591.78 (10.25%)9.76%
An entry @17.37. This is a Buy Stop order right above the resistance zone.An exit @15.59. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.78 points, which is 10.25%.For a 1.00% total portfolio risk, you can invest 9.76% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PEYTO EXPLORATION & DEV CORP / PEY Daily stock chart

PEYTO EXPLORATION & DEV CORP

TSX:PEY (2/21/2025, 7:00:00 PM)

16.57

+0.1 (+0.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.61%
1 Week3.56%
2 Weeks6.08%
1 Month0.36%
3 Month-3.44%
6 Month12.87%
12 Month19.04%
2 Year39.71%
3 Year51.46%
5 Year653.18%
10 Year-52.6%
15 Year20.95%
Volatility
ATR(14)0.43
ATR(20)%2.39%
ATR Inc-8.1%
Range Today0.45
ADR(20)0.38
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.1
Mansfield0.06
10 Day High16.87
10 Day Low15.6
20 Day High16.87
20 Day Low14.57
52 Week High17.57
52 Week Low13.4
CS1 End16.36
CR1 Start17.16
Volume & EV
DER(3)1.02%
DER(5)-0.83%
Volume756.64K
Volume Incr1.44%
Vol(5)767.81K
Vol(50)797.87K