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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PAA
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Plains All American Pipeline LP stock price ended on $14.87 on Friday after losing 0.53511705685619%
(Updated on Dec 08, 2023)


Sell candidate since Dec 07, 2023 Loss -0.54% PDF
The Plains All American Pipeline LP stock price fell by -0.53511705685619% on the last day (Friday, 8th Dec 2023) from $14.95 to $14.87. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 1.62% from a day low at $14.77 to a day high of $15.01. The price has fallen in 7 of the last 10 days and is down by -4.68% for this period. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 million shares were bought and sold for approximately $64.89 million.

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The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $14.70 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.52% during the next 3 months and, with a 90% probability hold a price between $15.07 and $16.54 at the end of this 3-month period.

PAA Signals & Forecast

There are few to no technical positive signals at the moment. The Plains All American Pipeline LP stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $15.45 and $15.46. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, December 01, 2023, and so far it has fallen -6.60%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, October 19, 2023 and based on theory for this formation the price should fall by -9.33% to $13.48 within 19 trading days since signal was issued (Monday, December 11, 2023).

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Support, Risk & Stop-loss for Plains All American Pipeline LP stock

Plains All American Pipeline LP finds support from accumulated volume at $14.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.240 between high and low, or 1.62%. For the last week the stock has had daily average volatility of 2.03%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PAA) For The Upcoming Trading Day Of Monday 11th

For the upcoming trading day on Monday, 11th we expect Plains All American Pipeline LP to open at $14.88, and during the day (based on 14 day Average True Range), to move between $14.58 and $15.16, which gives a possible trading interval of +/-$0.286 (+/-1.93%) up or down from last closing price. If Plains All American Pipeline LP takes out the full calculated possible swing range there will be an estimated 3.85% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $14.66 (1.41%) than the resistance at $15.15 (1.88%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Plains All American Pipeline LP stock A Buy?

The Plains All American Pipeline LP stock holds several negative signals and despite the positive trend, we believe Plains All American Pipeline LP will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.491 Open Broker Account

Sell Candidate Unchanged

Predicted Opening Price for Plains All American Pipeline LP of Monday, December 11, 2023

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price December 11, 2023 Current price
$14.88 $14.87 (Undervalued)

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15.12 1.70 %
R2 15.03 1.09 %
R1 14.98 0.706 %
Current price: 14.87
Support S1 14.79 -0.527 %
S2 14.74 -0.91 %
S3 14.64 -1.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 15.79 6.19 %
R2 15.67 5.38 %
R1 15.15 1.88 %
Current price 14.87
Support S1 14.66 -1.41%
S2 14.44 -2.89%
S3 14.41 -3.09%
What is the symbol for Plains All American Pipeline LP Stock and on which exchange is it traded?
The symbol for Plains All American Pipeline LP is PAA and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Plains All American Pipeline LP Stock?
The Plains All American Pipeline LP stock holds several negative signals and despite the positive trend, we believe Plains All American Pipeline LP will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Plains All American Pipeline LP Stock?
Plains All American Pipeline LP Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Plains All American Pipeline LP Stock.

What's the current price of Plains All American Pipeline LP Stock?
As of the end of day on the 2023-12-08, the price of an Plains All American Pipeline LP (PAA) share was $14.87.

What is the 52-week high and low for Plains All American Pipeline LP Stock?
The 52-week high for Plains All American Pipeline LP Stock is $16.05 and the 52-week low is $11.16.

What is the market capitalization of Plains All American Pipeline LP Stock?
As of the 2023-12-08, the market capitalization of Plains All American Pipeline LP is 10.424B.

When is the next earnings date for Plains All American Pipeline LP?
The upcoming earnings date for Plains All American Pipeline LP is 2024-02-14 23:00:00.

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About Plains All American Pipeline LP

Plains All American Pipeline LP Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminal... PAA Profile

PAA Dividend Data

7.54%

Dividend Yield (TTM)
Payout Ratio (TTM) 59.44%
Frequency Quarterly
Amount Per Share $0.268
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