PAA technical analysis

PAA Technical Analysis

Analysis date

July 17, 2026

Market

NasdaqGS (USD)

Daily cutoff

July 16, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

PAA Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
PAA
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
July 16, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). PAA is a Master Limited Partnership (MLP) and distributions are reflected in the price adjustment methodology.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)23.15July 16, 2026-Verified
Finviz (independent)23.15July 16, 2026 (previous close)0.00%Verified

Bottom line

PAA Technical Analysis Summary

PAA (Plains All American Pipeline) shows a moderately constructive technical picture as of mid-July 2026. On the daily chart, price at 23.15 trades above SMA20 (22.41) and SMA50 (21.78) while remaining below SMA200 (24.32), suggesting a short-term bullish recovery within a longer-term neutral structure. RSI14 at 55.30 sits above the 50 midline, reflecting modest bullish momentum without overbought conditions. The daily MACD is positively configured with the MACD line at 0.21 above the signal line at 0.14 and a histogram at 0.07, confirming gradual momentum improvement. The weekly timeframe shows price at 22.86 above SMA20 (21.52) and SMA50 (20.89) but well below SMA200 (26.45), indicating the medium-term trend is recovering from the 2025 energy sector weakness. Crude oil price dynamics and midstream volume trends remain the primary external drivers for PAA. Key resistance lies at SMA200 (24.32) and the 60-day high (24.85). Support rests at 21.15 (20-day low) and 18.92 (52-week low).

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 16, 2026)

Trend
Improving but incomplete. Price at 23.15 is above SMA20 (22.41, +3.30%) and SMA50 (21.78, +6.29%) but below SMA200 (24.32, -4.81%). SMA20 and SMA50 have started sloping upward while SMA200 continues to drift sideways, creating a narrowing gap between short-term and long-term moving averages. The short-term trend is mildly bullish, but the longer-term picture remains neutral until SMA200 is reclaimed with conviction.
Momentum
Moderately bullish. RSI14 at 55.30 is above the 50 midline, indicating building bullish momentum without being overbought. MACD line at 0.21 is above the signal line at 0.14 with a histogram at 0.07 — a modestly positive configuration that has been developing over the past several sessions. Momentum supports the current short-term uptrend but lacks the strength of a major breakout signal.
Volatility
Low to moderate. ATR14 at 0.52 (2.25% of price) suggests contained daily swings, consistent with a midstream energy MLP that moves less dramatically than upstream names. Bollinger Bands (21.42 to 23.88) show price near the upper band, reflecting the recent upward drift. Band width is relatively narrow, indicating low volatility conditions.
Volume
Slightly below average. Latest volume of 3,245,000 is 82.1% of the 20-period average (3,952,000), indicating moderate participation. The gradual uptrend has not attracted heavy volume, which may be interpreted as either a lack of conviction or an absence of selling pressure.

Assessment

The daily chart shows a mild short-term uptrend with price above both SMA20 and SMA50. The MACD remains positively configured and RSI suggests room for further upside. However, SMA200 at 24.32 represents notable overhead resistance, and volume has been below average during the recovery rally. A decisive move above SMA200 would strengthen the bullish case. For now, the daily view is cautiously optimistic within a neutral-to-improving context, typical of a midstream energy name in a low-volatility environment.

Weekly (July 13, 2026 week)

Trend
Recovering. Price at 22.86 is above SMA20 (21.52) and SMA50 (20.89) but below SMA200 (26.45). The SMA20 is rising and has crossed above SMA50 on the weekly chart, a bullish alignment signal suggesting medium-term trend improvement. SMA200 continues to slope downward, reflecting the lingering effects of the energy sector weakness from 2024-2025.
Momentum
Bullish with measured improvement. RSI14 at 53.82 sits just above the 50 midline, indicating mildly bullish momentum at the weekly level. MACD line at 0.12 is above the signal line at 0.06 with a histogram at 0.06, reflecting a steady but gradual improvement in weekly momentum. The weekly MACD has been positively configured for several weeks but the histogram is not accelerating.
Volatility
Moderate. ATR14 at 1.18 (5.16% of price) reflects typical weekly ranges for a midstream MLP. Bollinger Bands (20.15 to 25.75) are moderately wide, with the upper band approaching the supply zone near the 60-day high.
Volume
Near average. Weekly volume of 18,450,000 is 91.3% of the 20-week average (20,215,000), indicating normal participation levels for the midstream sector.

Assessment

The weekly chart reflects a stock in a gradual recovery phase. The golden cross between SMA20 and SMA50 on the weekly timeframe is a technically meaningful development that often attracts trend-following interest. Price has established a series of higher lows since the January 2026 lows around 18.92, building a constructive basing pattern. The primary challenge is SMA200 at 26.45, which represents the last major overhead resistance. A weekly close above 24.50 would be an intermediate step, with 26.45 being the ultimate bull-market confirmation level.

Key indicators

PAA Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)55.3053.82
MACD (12, 26, 9)0.21 / 0.14 / 0.070.12 / 0.06 / 0.06
ATR (14)0.52 (2.25%)1.18 (5.16%)
Bollinger Bands (20, 2)21.42 - 23.8820.15 - 25.75
SMA (20)22.4121.52
SMA (50)21.7820.89
SMA (200)24.3226.45

Price structure

PAA Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price23.1522.86
1-Period Return+0.65%+0.52%
5-Period Return+2.48%+3.15%
20-Period Return+6.78%+9.42%
60-Period Return+12.35%+15.80%
252-Period Return-4.82%-8.65%
52-Week Low18.9218.92
52-Week High26.8526.85
52-Week Position42.68%40.52%

Key levels

PAA Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High23.8825.75
20-Period Low21.1520.15
60-Period High24.8526.85
60-Period Low18.9218.92

Scenarios

PAA Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above SMA200 (24.32) on the daily chart with expanding volume, confirming the trend reversal. A close above the 60-day high at 24.85 would reinforce the breakout signal.

Invalidation

Price falls back below SMA50 (21.78) and breaks the 20-day low at 21.15.

What to watch

Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI sustaining above 50; crude oil price stability in the $70-80 range; PAA distribution announcements and volume guidance.

Range-Bound

Trigger

Price oscillates between SMA200 resistance (24.32) and SMA50 support (21.78) with no clear directional bias, reflecting broader midstream energy sector indecision.

Invalidation

A decisive break above 24.32 or below 21.15 with increasing volume.

What to watch

RSI staying between 45 and 58; MACD histogram fluctuating near zero; volume remaining at or below average; crude oil range stability; midstream sector ETF (AMLP) price action.

Bearish

Trigger

Price fails to hold above SMA50 (21.78) and breaks below the 20-day low at 21.15, potentially revisiting the 52-week low at 18.92.

Invalidation

Price reclaims and holds above SMA20 (22.41) and establishes a higher low above 21.15.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly close below SMA20 (21.52) as an early warning signal; crude oil breaking below $65.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 16, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for distributions and stock splits. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

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.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 16, 2026, weekly July 13, 2026 week. Generated July 17, 2026.