PROFIRE ENERGY INC (PFIE)

US74316X1019 - Common Stock

2.52  0 (0%)

After market: 2.5 -0.02 (-0.79%)

Technical Rating and Analysis

9

Taking everything into account, PFIE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, PFIE has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
PFIE is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 84% of 60 stocks in the same industry.
A new 52 week high is currently being made by PFIE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
PFIE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Looking at the yearly performance, PFIE did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
PFIE Weekly chart
PFIE Daily chart
Setup Rating and Analysis

7

PFIE 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 2.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.52, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.37

2.56

4 important support areas can be observed.

  • A support zone ranging from 2.50 to 2.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.78 from a trend line in the daily time frame.
  • Support @1.50 from a trend line in the weekly time frame.
  • Support @1.38 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 2.53 to 2.53. 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
CRS92.11
Mansfield3.38
10 Day High2.52
10 Day Low2.5
20 Day High2.52
20 Day Low1.65
52 Week High2.52
52 Week Low1.33
Performance
1 Week0%
2 Weeks0.4%
1 Month50%
3 Month52.73%
6 Month65.79%
12 Month45.66%
2 Year129.09%
3 Year127.03%
5 Year76.22%
10 Year-24.55%
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)-0.02
RSI(14)80.38
LBB2.51
UBB2.52
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
2.542.490.05 (1.97%)25.00%
An entry @2.54. This is a Buy Stop order right above the resistance zone.An exit @2.49. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.05 points, which is 1.97%.For a 0.49% total portfolio risk, you can invest 25.00% 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.
PFIE Daily chart

PROFIRE ENERGY INC

NASDAQ:PFIE (11/21/2024, 8:00:01 PM)

After market: 2.5 -0.02 (-0.79%)

2.52

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0%
1 Week0%
2 Weeks0.4%
1 Month50%
3 Month52.73%
6 Month65.79%
12 Month45.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.01
ATR(20)%2.44%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.52
10 Day Low2.5
20 Day High2.52
20 Day Low1.65
52 Week High2.52
52 Week Low1.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume212.80K
Volume Incr-89.08%
Vol(5)218.50K
Vol(50)882.42K