Following these proceedings, Citigroup upgraded its Pembina Pipeline Corporation [PBA] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including TD Securities’s analysts, who began to cover the stock in mid January with a ‘”a Buy”‘ rating. Barclays began covering PBA with “an Overweight” recommendation on December 12, 2024.
Price Performance Review of PBA
On Monday, Pembina Pipeline Corporation [NYSE:PBA] saw its stock fall -1.03% to $37.59. Over the last five days, the stock has gained 3.44%. Pembina Pipeline Corporation shares have risen nearly 1.73% since the year began. Nevertheless, the stocks have risen 10.11% over the past one year. While a 52-week high of $43.44 was reached on 04/03/25, a 52-week low of $34.13 was recorded on 04/09/25. SMA at 50 days reached $37.89, while 200 days put it at $39.07.
Levels Of Support And Resistance For PBA Stock
The 24-hour chart illustrates a support level at 37.27, which if violated will result in even more drops to 36.94. On the upside, there is a resistance level at 37.97. A further resistance level may holdings at 38.34. The Relative Strength Index (RSI) on the 14-day chart is 48.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.22%. Stochastics %K at 53.53% indicates the stock is a holding.
How much short interest is there in Pembina Pipeline Corporation?
A steep rise in short interest was recorded in Pembina Pipeline Corporation stocks on 2025-03-31, dropping by -3.42 million shares to a total of 8.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 12.22 million shares. There was a decline of -38.79%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 11, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating .
