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Parkland Corp T.PKI

Alternate Symbol(s):  PKIUF

Energy Oil & Gas Refining & Marketing
Parkland Corporation is an international fuel distributor, marketer and convenience retailer with operations in 26 countries across the Americas. The Company’s segments include Canada, International, USA and Refining. Its retail network meets the fuel and convenience needs of everyday consumers. It also provides a range of choices to help them lower their environmental impact. These include renewable fuel sourcing, manufacturing and blending, carbon and renewables trading, solar power, and ultra-fast electric vehicle charging. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, it has developed supply, distribution and trading capabilities. Its commercial business provides commercial, industrial and residential customers with the essential fuels, propane, lubricants and services they need. Its Burnaby Refinery plays a critical role in supplying its customers in British Columbia with conventional and low-carbon fuels.


TSX:PKI - Post by User

Parkland Corp
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Post by Mrlongpantson May 26, 2023 7:50pm
184 Views
Post# 35466773

TECHNICAL INSITE. GLTALongs.....

TECHNICAL INSITE. GLTALongs.....
Double Moving Average Crossover (21-week 50-week) Weekly 2023 May 26
 
 
Intermediate-Term Bullish
Volume 1,151,134
Close Price 33.50
Pattern Duration 1 week

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average periods.

Moving averages (MA) are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. In the double crossover method, a bullish event is generated when a faster moving average crosses above a slower moving average (21-bar MA crosses 50-bar, or 50-bar MA crosses 200-bar). In this state, the price is likely in an established uptrend. The opposite is true when the faster slips below the slower moving average, triggering a bearish event.


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Dealroom for high-potential pre-IPO opportunities