Technical Analysis for PE - Parsley Energy, Inc.

Grade Last Price % Change Price Change
grade D 12.4 4.64% 0.55
PE closed up 4.64 percent on Wednesday, August 12, 2020, on approximately normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical PE trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
200 DMA Resistance Bearish 4.64%
Shooting Star Candlestick Bearish 4.64%

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Profile

Parsley Energy, Inc. is engaged in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties located primarily in the Permian Basin region of West Texas. The company primarily holds working interests in the Delaware Basin, as well as in 530 gross producing wells located in the Midland Basin. As of December 31, 2013, it leased or acquired 98,656 net acres, including 76,356 net acres located in the Midland Basin; and 22,300 net acres located in the Delaware Basin. Parsley Energy, Inc. also had an estimated proved oil and natural gas reserves were 54.8 million barrels of oil equivalent. The company was founded in 2008 and is headquartered in Midland, Texas. Parsley Energy, Inc. is a subsidiary of Parsley Energy, LLC.
Oil Crude Oil Natural Gas Properties Oil Equivalent Petroleum In The United States Permian Basin Natural Gas Reserves Pioneer Natural Resources Midland Wpx Energy

Is PE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 20.8
52 Week Low 3.92
Average Volume 8,974,203
200-Day Moving Average 12.50
50-Day Moving Average 11.09
20-Day Moving Average 11.25
10-Day Moving Average 11.37
Average True Range 0.56
ADX 12.76
+DI 28.16
-DI 14.11
Chandelier Exit (Long, 3 ATRs ) 10.85
Chandelier Exit (Short, 3 ATRs ) 11.86
Upper Bollinger Band 12.14
Lower Bollinger Band 10.35
Percent B (%b) 1.15
BandWidth 15.86
MACD Line 0.28
MACD Signal Line 0.18
MACD Histogram 0.1014
Fundamentals Value
Market Cap 3.07 Billion
Num Shares 248 Million
EPS 0.18
Price-to-Earnings (P/E) Ratio 68.89
Price-to-Sales 8.64
Price-to-Book 1.32
PEG Ratio 1.95
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.20
Resistance 3 (R3) 13.16 12.85 13.07
Resistance 2 (R2) 12.85 12.65 12.87 13.02
Resistance 1 (R1) 12.63 12.52 12.74 12.67 12.98
Pivot Point 12.32 12.32 12.38 12.34 12.32
Support 1 (S1) 12.09 12.11 12.21 12.13 11.82
Support 2 (S2) 11.78 11.99 11.80 11.78
Support 3 (S3) 11.56 11.78 11.73
Support 4 (S4) 11.60