PRA GROUP INC (PRAA) Technical Analysis
NASDAQ:PRAA • US69354N1063
Current stock price
PRAA Technical Rating and Analysis
Overall PRAA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PRAA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- PRAA is part of the Consumer Finance industry. There are 54 other stocks in this industry. PRAA outperforms 88% of them.
- PRAA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PRAA has a been trading in the 17.58 - 22.55 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, PRAA did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
PRAA Weekly and Daily overview Charts
PRAA Setup Rating and Analysis
Although PRAA has an excellent technical rating, the quality of the presented setup is 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
PRAA Support and Resistance Analysis
20.30
We found 1 important support area.
- A support zone ranging from 20.51 to 20.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
PRAA Technical Indicator Signal Analysis
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 PRAA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRAA is up. |
| ChartMill Relative Strength | 88.46 | POSITIVE | PRAA has a high relative strength, it outperformed 88.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRAA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRAA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.81 | OVERBOUGHT | The high RSI value suggests PRAA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PRAA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.7 | OVERBOUGHT | The high Stochastics value suggests PRAA may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for PRAA suggests some volalility. |
| Average Directional Index/ADX (14) | 45.66 | POSITIVE | The high ADX value value for PRAA suggests a strong trend. |
PRAA Chart- and CandleStick Pattern Analysis
PRAA Technicals: Chart, Performance Metrics, Trend & Indicators
22.23
+0.44 (+2.02%)
PRA GROUP INC / PRAA TA FAQ
What is the technical rating for PRAA stock?
ChartMill assigns a technical rating of 9 / 10 to PRAA.
What is the trend direction for PRAA stock?
The current trend direction for PRA GROUP INC (PRAA) is Bullish.
Can you provide the RSI signal for PRA GROUP INC?
PRA GROUP INC (PRAA) has an RSI value of 73.8068. This indicates that the stock is currently overbought.
Can you provide the MACD signal for PRA GROUP INC?
The MACD indicator for PRA GROUP INC (PRAA) has a value of 0.0289013, indicating a bearish trend.
What is the short term momentum for PRAA stock?
The short term momentum for PRA GROUP INC (PRAA) is positive.