We assign a technical rating of 9 out of 10 to PFG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PFG is showing a nice and steady performance.
PFG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
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77.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 84.23 to 85.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.70 from a horizontal line in the daily time frame.
- A support zone ranging from 78.39 to 80.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 89.55 to 89.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @91.54 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 | 73.55 | POSITIVE | PFG has a high relative strength, it outperformed 73.55% off all stocks 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) | 60.92 | NEUTRAL | The RSI value for PFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests PFG has a negative trend. |
| Stochastics (14,3) | 59.45 | NEUTRAL | The Stochastics value for PFG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for PFG suggests low volalility. |
| Average Directional Index/ADX (14) | 33.97 | POSITIVE | The high ADX value value for PFG suggests a strong 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 |
|---|---|---|---|
| 89.96 | 88.39 | 1.57 (1.75%) | 25.00% |
| An entry @89.96. This is a Buy Stop order right above the resistance zone. | An exit @88.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.57 points, which is 1.75%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- 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.
89.38
-0.21 (-0.23%)
PRINCIPAL FINANCIAL GROUP / PFG FAQ
Can you provide the ChartMill technical rating for PRINCIPAL FINANCIAL GROUP?
ChartMill assigns a technical rating of 9 / 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 60.9187. 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 -0.155096, 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.