PRIMIS FINANCIAL CORP (FRST) Stock Technical Analysis
NASDAQ:FRST • US74167B1098
Taking everything into account, FRST scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, FRST did better than 81% of all other stocks.
- FRST is one of the better performing stocks in the Banks industry, it outperforms 82% of 379 stocks in the same industry.
- FRST is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FRST is lagging the market slightly.
- In the last month FRST has a been trading in the 13.06 - 14.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although FRST has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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9.58
When analyzing the support we can see 5 important areas.
- A support zone ranging from 13.21 to 13.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.99 from a horizontal line in the daily time frame.
- Support @10.85 from a trend line in the weekly time frame.
- Support @9.85 from a trend line in the daily time frame.
- Support @9.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.27 to 14.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for FRST is neutral. |
| ChartMill Relative Strength | 81.28 | POSITIVE | FRST has a high relative strength, it outperformed 81.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FRST is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.89 | NEUTRAL | The RSI value for FRST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests FRST has a negative trend. |
| Stochastics (14,3) | 29.82 | NEUTRAL | The Stochastics value for FRST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for FRST suggests some volalility. |
| Average Directional Index/ADX (14) | 21.74 | NEUTRAL | The ADX value for FRST suggests a possible start of a new trend. |
13.35
-0.53 (-3.82%)
PRIMIS FINANCIAL CORP / FRST FAQ
What is the technical rating for FRST stock?
ChartMill assigns a technical rating of 8 / 10 to FRST.
What is the current trend direction of PRIMIS FINANCIAL CORP (FRST) stock?
The current trend direction for PRIMIS FINANCIAL CORP (FRST) is Bullish.
Can you provide the RSI signal for PRIMIS FINANCIAL CORP?
PRIMIS FINANCIAL CORP (FRST) has an RSI value of 41.8879. This indicates that the stock is currently neutral.
What is the MACD signal for PRIMIS FINANCIAL CORP (FRST) stock?
The MACD indicator for PRIMIS FINANCIAL CORP (FRST) has a value of -0.098857, indicating a bearish trend.