Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Parsley Energy, Inc (NYSE:PE)
Sidelines Mode (+55) - PE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PE?
MarketClub looks at technical strength and momentum to determine if the timing is right for PE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PE
The long-term trend has been DOWN since Feb 25th, 2020 at 14.790
The intermediate-term trend has been UP since Apr 2nd, 2020 at 7.540
The short-term trend has been DOWN since May 29th, 2020 at 9.095
Smart Scan Analysis for PE
Based on our trend formula, PE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||33.43||Year High Date||2018-05-10|
|Year Low||20.44||Year Low Date||2018-11-23|
|52wk High||22.11||52wk High Date||2019-04-24|
|52wk Low||3.92||52wk Low Date||2020-03-18|
|Average Volume||13,867,543||Shares Outstanding||412,707|