PRIMIS FINANCIAL CORP (FRST) Stock Technical Analysis
NASDAQ:FRST - Nasdaq - US74167B1098 - Common Stock - Currency: USD
Overall FRST gets a technical rating of 8 out of 10. Although FRST is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
FRST is one of the better performing stocks in the Banks industry, it outperforms 75% of 396 stocks in the same industry.
In the last month FRST has a been trading in the 9.91 - 11.92 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, FRST did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
FRST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRST is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FRST has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.49
13.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.00 to 11.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.60 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @13.27 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FRST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRST is up. |
| ChartMill Relative Strength | 78.6 | POSITIVE | FRST has a high relative strength, it outperformed 78.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FRST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.88 | OVERBOUGHT | The high RSI value suggests FRST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FRST has a positive trend. |
| Stochastics (14,3) | 91.1 | OVERBOUGHT | The high Stochastics value suggests FRST may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for FRST suggests some volalility. |
| Average Directional Index/ADX (14) | 49.96 | POSITIVE | The high ADX value value for FRST suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.9
+0.49 (+4.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.29%
1 Week6.54%
2 Weeks5.4%
1 Month20.08%
3 Month45.65%
6 Month5.22%
12 Month-1.98%
2 Year25.13%
3 Year-12.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.35%
ATR Inc45.69%
Range Today0.43
ADR(20)0.26
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.6
Mansfield0.05
10 Day High11.92
10 Day Low11.01
20 Day High11.92
20 Day Low9.91
52 Week High13.52
52 Week Low7.59
CS1 End11.31
CR1 Start13.27
Volume & EV
DER(3)3.66%
DER(5)3.59%
Volume192.80K
Volume Incr17.12%
Vol(5)101.16K
Vol(50)86.87K