PROFIRE ENERGY INC (PFIE)

US74316X1019 - Common Stock

2.54  0 (0%)

Technical Rating and Analysis

9

Overall PFIE gets a technical rating of 9 out of 10. 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 93% of 59 stocks in the same industry.
PFIE is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PFIE is leading the market.
When comparing the yearly performance of all stocks, we notice that PFIE is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month PFIE has a been trading in a tight range between 2.51 and 2.55.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PFIE Weekly chart
PFIE Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, PFIE 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 2.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.54, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.36

2.59

We found 4 important support areas.

  • A support zone ranging from 2.50 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.92 from a trend line in the daily time frame.
  • Support @1.52 from a trend line in the weekly time frame.
  • Support @1.37 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 2.55 to 2.56. 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
CRS93.99
Mansfield3.31
10 Day High2.55
10 Day Low2.53
20 Day High2.55
20 Day Low2.51
52 Week High2.55
52 Week Low1.33
Performance
1 Week0%
2 Weeks0%
1 Month0.79%
3 Month60.76%
6 Month81.43%
12 Month43.5%
2 Year139.62%
3 Year139.62%
5 Year75.17%
10 Year11.4%
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)69.12
LBB2.52
UBB2.55
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
2.572.520.05 (1.95%)25.00%
An entry @2.57. This is a Buy Stop order right above the resistance zone.An exit @2.52. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.05 points, which is 1.95%.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 (12/23/2024, 10:16:02 AM)

2.54

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month0.79%
3 Month60.76%
6 Month81.43%
12 Month43.5%
2 Year139.62%
3 Year139.62%
5 Year75.17%
10 Year11.4%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.57%
ATR Inc-4.55%
Range Today0.01
ADR(20)0.01
ADR(20)%0.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield3.31
10 Day High2.55
10 Day Low2.53
20 Day High2.55
20 Day Low2.51
52 Week High2.55
52 Week Low1.33
CS1 End2.54
CR1 Start2.55
Volume & EV
DER(3)-0.46%
DER(5)-0.83%
Volume28.99K
Volume Incr-39.61%
Vol(5)193.46K
Vol(50)953.84K