PRIMIS FINANCIAL CORP (FRST) Stock Technical Analysis
USA - NASDAQ:FRST - US74167B1098 - Common Stock
10.68 USD
+0.11 (+1.04%)
10.68 USD
0 (0%)
We assign a technical rating of 2 out of 10 to FRST. FRST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, FRST is a bad performer in the overall market: 73% of all stocks are doing better.
FRST is one of the lesser performing stocks in the Banks industry. 61% of 388 stocks in the same industry do better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FRST is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRST is lagging the market slightly.
In the last month FRST has a been trading in the 9.66 - 11.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, FRST does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.48
12.03
We found 2 important support areas.
- A support zone ranging from 9.88 to 9.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.58 to 9.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.69 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.42 from a trend line in the weekly time frame.
- Resistance @11.91 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 | NEUTRAL | NEUTRAL | The long term trend for FRST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRST is neutral. |
| ChartMill Relative Strength | 27.5 | NEGATIVE | FRST has a low relative strength, it was outperformed by 72.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FRST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FRST is above a declining 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) | 50.39 | NEUTRAL | The RSI value for FRST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FRST has a negative trend. |
| Stochastics (14,3) | 44.67 | NEUTRAL | The Stochastics value for FRST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for FRST suggests some volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for FRST suggests a weak or negative 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)
10.68
+0.11 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.04%
1 Week-2.55%
2 Weeks-0.74%
1 Month7.88%
3 Month-4.22%
6 Month15.09%
12 Month-15.44%
2 Year6.69%
3 Year-13.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.22%
ATR Inc19.72%
Range Today0.27
ADR(20)0.32
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.5
3 months CRS35.06
6 months CRS74.63
Mansfield-0.65
10 Day High11.1
10 Day Low10.54
20 Day High11.11
20 Day Low9.66
52 Week High12.95
52 Week Low7.59
CS1 End9.97
CR1 Start10.69
Volume & EV
DER(3)-2.03%
DER(5)1.49%
Volume196.00K
Volume Incr8.29%
Vol(5)81.22K
Vol(50)78.76K
PRIMIS FINANCIAL CORP / FRST FAQ
What is the technical rating for FRST stock?
ChartMill assigns a technical rating of 2 / 10 to FRST.
Can you provide the trend direction for PRIMIS FINANCIAL CORP?
The current trend direction for PRIMIS FINANCIAL CORP (FRST) is Bearish.
Can you provide the RSI signal for PRIMIS FINANCIAL CORP?
PRIMIS FINANCIAL CORP (FRST) has an RSI value of 50.3946. This indicates that the stock is currently neutral.
What is the short term momentum for FRST stock?
The short term momentum for PRIMIS FINANCIAL CORP (FRST) is neutral.