PROASSURANCE CORP (PRA) Stock Technical Analysis
NYSE:PRA - New York Stock Exchange, Inc. - US74267C1062 - Common Stock - Currency: USD
Overall PRA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PRA is one of the better performing stocks in the market, outperforming 89% of all stocks.
PRA is one of the better performing stocks in the Insurance industry, it outperforms 94% of 143 stocks in the same industry.
PRA 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.
In the last month PRA has a been trading in a tight range between 23.61 and 24.14.
PRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.91, a Stop Loss order could be placed below this zone.
More info and screens
14.92
24.28
3 important support areas can be observed.
- A support zone ranging from 22.77 to 23.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.20 from a trend line in the weekly time frame.
- Support @15.07 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.98 to 24.04. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for PRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRA is up. |
| ChartMill Relative Strength | 89.91 | POSITIVE | PRA has a high relative strength, it outperformed 89.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.36 | NEUTRAL | The RSI value for PRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PRA has a negative trend. |
| Stochastics (14,3) | 81 | OVERBOUGHT | The high Stochastics value suggests PRA may be overbought. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for PRA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.73 | POSITIVE | The high ADX value value for PRA suggests a strong 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)
23.97
-0.05 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.21%
1 Week0.33%
2 Weeks0.88%
1 Month0.5%
3 Month3.14%
6 Month65.54%
12 Month75.35%
2 Year35.58%
3 Year12.06%
5 Year56.46%
10 Year-50.3%
15 Year-9.46%
Volatility
ATR(14)0.11
ATR(20)%0.44%
ATR Inc50.43%
Range Today0.13
ADR(20)0.1
ADR(20)%0.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.91
Mansfield1.71
10 Day High24.14
10 Day Low23.61
20 Day High24.14
20 Day Low23.61
52 Week High24.14
52 Week Low12.43
CS1 End23.91
CR1 Start23.98
Volume & EV
DER(3)-0.47%
DER(5)1.4%
Volume378.80K
Volume Incr-28.82%
Vol(5)420.52K
Vol(50)573.98K