PAA technical analysis
PAA Technical Analysis
Analysis date
August 7, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 6, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
PAA Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- PAA
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 6, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 23.52 | August 6, 2026 | - | Verified |
| Verification series | 23.52 | August 6, 2026 | 0.00% | Verified |
Bottom line
PAA Technical Analysis Summary
PAA (Plains All American Pipeline) shows a strong weekly uptrend with a short-term daily pullback as of the August 6, 2026 cutoff. The daily close of 23.52 is below SMA20 (23.74) but above SMA50 (22.68) and SMA200 (19.84), with RSI14 at 51.64 near the 50 midline and a slightly negative MACD histogram after a strong run. The weekly chart is firmly bullish: price at 24.57 sits above SMA20 (22.06), SMA50 (19.11) and SMA200 (14.71), with RSI14 at 69.20 approaching overbought and a positive MACD. PAA trades near the top of its 52-week range on both timeframes. Key resistance is the 52-week and 60-day high at 24.62. Support rests at SMA50 (22.68), the 20-day low (22.19) and SMA200 (19.84). Crude oil and NGL fundamentals remain the primary external drivers for this midstream name.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 6, 2026)
- Trend
- Pullback inside an uptrend. Price at 23.52 is below SMA20 (23.74, -0.93%) but above SMA50 (22.68, +3.70%) and SMA200 (19.84, +18.55%). The move back under SMA20 reflects a short-term consolidation after a strong advance, while the medium-term structure stays constructive with price above SMA50 and SMA200.
- Momentum
- Neutral. RSI14 at 51.64 sits near the 50 midline, showing momentum has cooled without turning bearish. MACD line at 0.35 is below the signal line at 0.48, producing a slightly negative histogram of -0.13. This is a neutral-to-softening configuration after the recent run-up.
- Volatility
- Low. ATR14 at 0.48 (2.03% of price) indicates contained daily swings. Bollinger Bands (22.64 to 24.83) place price near the middle of the range, consistent with the recent consolidation. Band width is moderate.
- Volume
- Slightly above average. Latest volume of 2,507,571 is 104.3% of the 20-period average (2,404,304). The pullback has not attracted heavy selling, which supports the consolidation interpretation.
Assessment
The daily chart shows a pause after a strong advance. Price remains above SMA50 and SMA200 while pulling back below SMA20, and RSI has cooled to the 50 midline. The small negative MACD histogram signals fading momentum rather than a breakdown. As long as price holds above SMA50 (22.68) and the 20-day low (22.19), the pullback stays corrective within an uptrend. A reclaim of SMA20 (23.74) and a break above the 20-day high (24.62) would resume the daily advance.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 24.57 is above SMA20 (22.06, +11.38%), SMA50 (19.11, +28.57%) and SMA200 (14.71, +67.03%). All three weekly moving averages are rising with price, a clearly positive alignment.
- Momentum
- Strong but extended. RSI14 at 69.20 is approaching overbought territory (typically 70+), reflecting a sustained advance. MACD line at 1.22 is above the signal line at 1.12 with a positive histogram of 0.10, confirming positive weekly momentum though the histogram is flattening.
- Volatility
- Moderate. ATR14 at 1.04 (4.25% of price) reflects typical weekly ranges for a midstream MLP. Bollinger Bands (19.79 to 24.34) are wide, and price closed above the upper band, indicating an extended short-term position that can invite consolidation.
- Volume
- Near average. Latest weekly volume of 12,869,700 is 96.8% of the 20-week average (13,296,015), indicating normal participation.
Assessment
The weekly chart is firmly bullish. Price sits well above all three moving averages, near the top of its 52-week range (95.6% position), with RSI14 at 69.20 close to overbought and MACD positive. The main short-term consideration is that price closed above the upper Bollinger band and RSI is near 70, which often precedes a pause or pullback rather than an immediate reversal. The weekly uptrend stays intact while price holds above SMA20 (22.06) and the 20-week low (20.07).
Key indicators
PAA Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 51.64 | 69.20 |
| MACD (12, 26, 9) | 0.35 / 0.48 / -0.13 | 1.22 / 1.12 / 0.10 |
| ATR (14) | 0.48 (2.03%) | 1.04 (4.25%) |
| Bollinger Bands (20, 2) | 22.64 - 24.83 | 19.79 - 24.34 |
| SMA (20) | 23.74 | 22.06 |
| SMA (50) | 22.68 | 19.11 |
| SMA (200) | 19.84 | 14.71 |
Price structure
PAA Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 23.52 | 24.57 |
| 1-Period Return | +1.51% | +1.59% |
| 5-Period Return | -3.61% | +14.37% |
| 20-Period Return | +4.79% | +19.39% |
| 60-Period Return | +8.79% | +55.68% |
| 252-Period Return | +43.37% | +253.54% |
| 52-Week Low | 14.49 | 14.49 |
| 52-Week High | 24.62 | 25.03 |
| 52-Week Position | 89.14% | 95.63% |
Key levels
PAA Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 24.62 | 25.03 |
| 20-Period Low | 22.19 | 20.07 |
| 60-Period High | 24.62 | 25.03 |
| 60-Period Low | 20.61 | 14.49 |
Scenarios
PAA Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims SMA20 (23.74) and closes above the 20-day high at 24.62 on rising volume, confirming a resumption of the daily uptrend within the stronger weekly trend.
Invalidation
Price loses SMA50 (22.68) and breaks the 20-day low at 22.19.
What to watch
Daily RSI climbing above 55; MACD histogram turning positive; weekly RSI holding near current levels; crude oil and NGL price stability for sector confirmation.
Range-Bound
Trigger
Price oscillates between the 20-day low at 22.19 and the 52-week high at 24.62, with SMA20 (23.74) and SMA50 (22.68) acting as the middle reference.
Invalidation
A decisive close above 24.62 or below 22.19 with increasing volume.
What to watch
Daily RSI staying between 45 and 58; MACD histogram hovering near zero; volume remaining near the 20-period average; midstream sector flows for confirmation.
Bearish
Trigger
Price fails to hold SMA50 (22.68) and breaks the 20-day low at 22.19, opening a move toward the 60-day low at 20.61 and SMA200 at 19.84.
Invalidation
Price reclaims and holds above SMA20 (23.74) with a higher low above 22.19.
What to watch
Daily RSI falling below 45; MACD histogram becoming more negative; weekly close below SMA20 (22.06) as an early warning; volume rising on down days.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 6, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 6, 2026, weekly July 27, 2026 week. Generated August 7, 2026.
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