PRINCIPAL FINANCIAL GROUP (PFG) Stock Technical Analysis
NASDAQ:PFG • US74251V1026
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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- PFG is one of the better performing stocks in the Insurance industry, it outperforms 79% of 149 stocks in the same industry.
- PFG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PFG has a been trading in the 89.24 - 97.88 range, which is quite wide. It is currently trading near the high of this range.
- PFG has an average volume of 1619500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, PFG turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- Volume is considerably higher in the last couple of days.
PFG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 97.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 92.10, a Stop Loss order could be placed below this zone.
More info and screens
78.91
We found 5 important support areas.
- A support zone ranging from 91.85 to 92.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.39 from a horizontal line in the daily time frame.
- A support zone ranging from 88.48 to 88.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 81.60 to 83.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
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 | NEUTRAL | NEUTRAL | The short term trend for PFG is neutral. |
| ChartMill Relative Strength | 63.87 | 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) | 56 | NEUTRAL | The RSI value for PFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests PFG has a positive trend. |
| Stochastics (14,3) | 82.51 | OVERBOUGHT | The high Stochastics value suggests PFG may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for PFG suggests some volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for PFG suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 97.51 | 91.84 | 5.67 (5.81%) | 17.20% |
| An entry @97.51. This is a Buy Stop order right above the resistance zone. | An exit @91.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.67 points, which is 5.81%. | When investing 17.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
95.83
+0.41 (+0.43%)
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.
What is the trend direction for PFG stock?
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 56.0035. 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 92.1 and a resistance level at 97.34. Check the full technical report for our detailed analysis of PFG support and resistance levels.