PRINCIPAL FINANCIAL GROUP (PFG) Technical Analysis
NASDAQ:PFG • US74251V1026
Current stock price
PFG Technical Rating and Analysis
Overall PFG gets a technical rating of 1 out of 10. PFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- PFG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- PFG is part of the Insurance industry. There are 147 other stocks in this industry. PFG outperforms 82% of them.
- PFG has an average volume of 1867660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, PFG outperforms 52% of them, which is more or less in line with the market.
- PFG 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 PFG is lagging the market slightly.
PFG Weekly and Daily overview Charts
PFG Setup Rating and Analysis
Although the technical rating is bad, PFG does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 85.37, a Stop Loss order could be placed below this zone.
More info and screens
PFG Support and Resistance Analysis
78.91
We found 3 important support areas.
- A support zone ranging from 83.21 to 85.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.60 from a horizontal line in the daily time frame.
- Support @79.71 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 97.34 to 97.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
PFG Technical Indicator Signal Analysis
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 PFG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PFG is down. |
| ChartMill Relative Strength | 52.8 | NEUTRAL | PFG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PFG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PFG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.15 | NEUTRAL | The RSI value for PFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.34 | NEUTRAL | The Stochastics value for PFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for PFG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.27 | NEUTRAL | The ADX value for PFG suggests a possible start of a new trend. |
PFG Chart- and CandleStick Pattern Analysis
PFG Technicals: Chart, Performance Metrics, Trend & Indicators
87.01
-1.93 (-2.17%)
PRINCIPAL FINANCIAL GROUP / PFG TA FAQ
Can you provide the ChartMill technical rating for PRINCIPAL FINANCIAL GROUP?
ChartMill assigns a technical rating of 1 / 10 to PFG.
What is the trend direction for PFG stock?
The current trend direction for PRINCIPAL FINANCIAL GROUP (PFG) is Bearish.
What is the RSI signal for PFG stock?
PRINCIPAL FINANCIAL GROUP (PFG) has an RSI value of 42.1501. This indicates that the stock is currently neutral.
What are the support and resistance levels for PRINCIPAL FINANCIAL GROUP (PFG) stock?
PRINCIPAL FINANCIAL GROUP (PFG) has a support level at 85.37 and a resistance level at 97.34. Check the full technical report for our detailed analysis of PFG support and resistance levels.