PALOMAR HOLDINGS INC (PLMR) Stock Technical Analysis
USA - NASDAQ:PLMR - US69753M1053 - Common Stock
115.84 USD
-1.93 (-1.64%)
115.841 USD
0 (0%)
Overall PLMR gets a technical rating of 0 out of 10. PLMR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
74% of all other stocks performed better in the past year than PLMR.
In the last month PLMR has a been trading in the 114.34 - 128.60 range, which is quite wide. It is currently trading near the lows of this range.
PLMR is part of the Insurance industry. There are 146 other stocks in this industry, PLMR did better than 41% of them.
PLMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLMR is lagging the market.
PLMR has a poor technical rating and the quality of the setup is also 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
111.14
129.39
2 important support areas can be observed.
- A support zone ranging from 114.70 to 115.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 117.70 to 117.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 125.05 to 128.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for PLMR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLMR is down. |
| ChartMill Relative Strength | 26.21 | NEGATIVE | PLMR has a low relative strength, it was outperformed by 73.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLMR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLMR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.91 | NEUTRAL | The RSI value for PLMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests PLMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.27 | OVERSOLD | The low Stochastics value suggests PLMR may be oversold. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for PLMR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for PLMR suggests a possible start of a new 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)
115.84
-1.93 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.64%
1 Week-0.86%
2 Weeks-5.98%
1 Month-8.69%
3 Month-25.59%
6 Month-10.42%
12 Month21.92%
2 Year128.26%
3 Year38.37%
5 Year11.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.32
ATR(20)%2.95%
ATR Inc18.24%
Range Today3.73
ADR(20)3.38
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.21
Mansfield-1.73
10 Day High124.4
10 Day Low114.34
20 Day High128.6
20 Day Low114.34
52 Week High175.85
52 Week Low85
CS1 End115.83
CR1 Start117.7
Volume & EV
DER(3)1.77%
DER(5)0.64%
Volume437.50K
Volume Incr49.41%
Vol(5)402.96K
Vol(50)369.50K