PRINCIPAL FINANCIAL GROUP (PFG) Stock Technical Analysis
USA - NASDAQ:PFG - US74251V1026 - Common Stock
Taking everything into account, PFG scores 7 out of 10 in our technical rating. Although PFG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PFG has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
74.77
We found 3 important support areas.
- A support zone ranging from 81.60 to 83.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 78.92 to 79.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.53 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @85.67 from a horizontal line in the daily 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 PFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFG is up. |
| ChartMill Relative Strength | 56.01 | 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) | UP | POSITIVE | The current price of PFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.27 | NEUTRAL | The RSI value for PFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests PFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.13 | OVERBOUGHT | The high Stochastics value suggests PFG may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for PFG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.53 | NEUTRAL | The ADX value for PFG suggests a possible start of a new trend. |
84.62
-0.64 (-0.75%)
PRINCIPAL FINANCIAL GROUP / PFG FAQ
Can you provide the ChartMill technical rating for PRINCIPAL FINANCIAL GROUP?
ChartMill assigns a technical rating of 7 / 10 to PFG.
Can you provide the trend direction for PRINCIPAL FINANCIAL GROUP?
The current trend direction for PRINCIPAL FINANCIAL GROUP (PFG) is Bullish.
What is the RSI signal for PFG stock?
PRINCIPAL FINANCIAL GROUP (PFG) has an RSI value of 61.2664. This indicates that the stock is currently neutral.
What is the MACD signal for PFG stock?
The MACD indicator for PRINCIPAL FINANCIAL GROUP (PFG) has a value of 0.371304, indicating a bearish trend.
What is the buy/sell signal for PFG stock?
The buy/sell signal for PRINCIPAL FINANCIAL GROUP (PFG) is buy as both the short term and long term trends are positive.