Overall PLMR gets a technical rating of 6 out of 10. In the last year, PLMR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
PLMR has an average technical rating and the quality of the presented setup is also not ideal 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
108.80
We found 3 important support areas.
- A support zone ranging from 118.76 to 118.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 112.26 to 113.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @109.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 131.18 to 134.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 137.32 to 137.33. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PLMR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLMR is neutral. |
| ChartMill Relative Strength | 76.2 | POSITIVE | PLMR has a high relative strength, it outperformed 76.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PLMR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.24 | NEUTRAL | The RSI value for PLMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests PLMR has a negative trend. |
| Stochastics (14,3) | 21.55 | NEUTRAL | The Stochastics value for PLMR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for PLMR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.44 | NEGATIVE | The low ADX value for PLMR suggests a weak or negative trend. |
128.69
-1.27 (-0.98%)
PALOMAR HOLDINGS INC / PLMR FAQ
Can you provide the ChartMill technical rating for PALOMAR HOLDINGS INC?
ChartMill assigns a technical rating of 6 / 10 to PLMR.
What is the current trend direction of PALOMAR HOLDINGS INC (PLMR) stock?
The current trend direction for PALOMAR HOLDINGS INC (PLMR) is Bearish.
Can you provide the RSI signal for PALOMAR HOLDINGS INC?
PALOMAR HOLDINGS INC (PLMR) has an RSI value of 48.2369. This indicates that the stock is currently neutral.
What is the MACD signal for PLMR stock?
The MACD indicator for PALOMAR HOLDINGS INC (PLMR) has a value of -0.938764, indicating a bearish trend.
What is the support and resistance level for PLMR stock?
PALOMAR HOLDINGS INC (PLMR) has a support level at 118.83 and a resistance level at 131.18. Check the full technical report for our detailed analysis of PLMR support and resistance levels.