PROASSURANCE CORP (PRA) Stock Technical Analysis
NYSE:PRA - New York Stock Exchange, Inc. - US74267C1062 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to PRA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PRA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PRA did better than 97% of all other stocks.
PRA is part of the Insurance industry. There are 143 other stocks in this industry. PRA outperforms 98% of them.
PRA is currently trading near its 52 week high, which is a good sign. Certainly because the S&P500 Index is currently trading in the lower part of its 52 week range.
PRA 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
PRA has an average volume of 1014480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PRA has a been trading in a tight range between 22.75 and 23.70.
Although PRA has an excellent technical rating, it does not present a decent entry opportunity 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
14.23
23.59
We found 4 important support areas.
- A support zone ranging from 22.87 to 22.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.15 from a horizontal line in the daily time frame.
- A support zone ranging from 14.77 to 14.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.37 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.18 to 23.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.77
Mansfield6.25
10 Day High23.7
10 Day Low22.75
20 Day High23.7
20 Day Low22.75
52 Week High23.7
52 Week Low10.76
Performance
1 Week-1.8%
2 Weeks-1.72%
1 Month-1.21%
3 Month54.91%
6 Month52.53%
12 Month73.73%
2 Year27.39%
3 Year-6.88%
5 Year6.97%
10 Year-49.1%
15 Year-24.92%
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)-0.31
RSI(14)70.84
LBB22.96
UBB23.48
22.88
-0.31 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.34%
1 Week-1.8%
2 Weeks-1.72%
1 Month-1.21%
3 Month54.91%
6 Month52.53%
12 Month73.73%
2 Year27.39%
3 Year-6.88%
5 Year6.97%
10 Year-49.1%
15 Year-24.92%
Volatility
ATR(14)0.25
ATR(20)%0.95%
ATR Inc51.38%
Range Today0.39
ADR(20)0.21
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.77
Mansfield6.25
10 Day High23.7
10 Day Low22.75
20 Day High23.7
20 Day Low22.75
52 Week High23.7
52 Week Low10.76
CS1 End22.87
CR1 Start23.18
Volume & EV
DER(3)-5.54%
DER(5)-4.8%
Volume986.17K
Volume Incr-69.35%
Vol(5)636.29K
Vol(50)1.01M