PRINCIPAL FINANCIAL GROUP (PFG) Stock Technical Analysis
NASDAQ:PFG - Nasdaq - US74251V1026 - Common Stock - Currency: USD
Overall PFG gets a technical rating of 6 out of 10. PFG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PFG has a been trading in the 75.31 - 82.16 range, which is quite wide. It is currently trading near the high of this range.
PFG has an average volume of 1116040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PFG outperforms 40% of them, which is more or less in line with the market.
PFG is part of the Insurance industry. There are 145 other stocks in this industry, PFG did better than 52% of them.
PFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PFG is lagging the market.
PFG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 80.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.08, a Stop Loss order could be placed below this zone.
More info and screens
68.86
92.17
4 important support areas can be observed.
- A support zone ranging from 78.14 to 79.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.34 from a horizontal line in the daily time frame.
- A support zone ranging from 72.14 to 72.89. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @69.56 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 80.72 to 81.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @87.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 90.46 to 91.26. 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 | NEUTRAL | NEUTRAL | The long term trend for PFG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFG is up. |
| ChartMill Relative Strength | 40.97 | NEUTRAL | PFG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PFG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.9 | NEUTRAL | The RSI value for PFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.57 | NEUTRAL | The Stochastics value for PFG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for PFG suggests low volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for PFG 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 80.73 | 78.69 | 2.03 (2.52%) | 25.00% |
| An entry @80.73. This is a Buy Stop order right above the 10 day moving average. | An exit @78.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.03 points, which is 2.52%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PFG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
79.38
-1.57 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.94%
1 Week-2.58%
2 Weeks-0.06%
1 Month4.58%
3 Month10.04%
6 Month-2.79%
12 Month-6.29%
2 Year-0.61%
3 Year18.58%
5 Year87.08%
10 Year43%
15 Year209.96%
Volatility
ATR(14)1.46
ATR(20)%1.82%
ATR Inc7.75%
Range Today1.9
ADR(20)1.38
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.97
Mansfield-0.87
10 Day High82.16
10 Day Low78.7
20 Day High82.16
20 Day Low75.31
52 Week High91.98
52 Week Low68.39
CS1 End79.08
CR1 Start80.72
Volume & EV
DER(3)-1.58%
DER(5)-0.98%
Volume1.11M
Volume Incr-20.06%
Vol(5)925.60K
Vol(50)1.12M