PALOMAR HOLDINGS INC (PLMR)
US69753M1053 - Common Stock
Taking everything into account, PLMR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PLMR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PLMR is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, PLMR also shows a nice and consistent pattern of rising prices.
PLMR is one of the better performing stocks in the Insurance industry, it outperforms 91% of 140 stocks in the same industry.
PLMR 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.
PLMR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PLMR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 83.85. Right above this resistance zone may be a good entry point.
More info and screens
51.73
86.15
5 important support areas can be observed.
- A support zone ranging from 83.02 to 85.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.15 to 81.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 73.30 to 74.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.59 from a trend line in the daily time frame.
- Support @52.25 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.47
Mansfield1.9
10 Day High86.25
10 Day Low77.17
20 Day High86.25
20 Day Low76.2
52 Week High86.26
52 Week Low46.67
Performance
1 Week-1.17%
2 Weeks5.98%
1 Month8.93%
3 Month13%
6 Month41.03%
12 Month59.96%
2 Year34.79%
3 Year14.75%
5 Year261.08%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.23
RSI(14)59.53
LBB77.18
UBB86.88
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 |
|---|---|---|---|
| 85.12 | 83.01 | 2.11 (2.48%) | 25.00% |
| An entry @85.12. This is a Buy Stop order right above the resistance zone. | An exit @83.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.11 points, which is 2.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of PLMR. 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.
PALOMAR HOLDINGS INC
NASDAQ:PLMR (5/16/2024, 3:00:38 PM)
After market: 85.3 0 (0%)85.3
+1.53 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.83%
1 Week-1.17%
2 Weeks5.98%
1 Month8.93%
3 Month13%
6 Month41.03%
12 Month59.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.62
ATR(20)%2.9%
ATR Inc
Range Today1.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High86.25
10 Day Low77.17
20 Day High86.25
20 Day Low76.2
52 Week High86.26
52 Week Low46.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume103.49K
Volume Incr-19.95%
Vol(5)136.46K
Vol(50)161.92K