PRA GROUP INC (PRAA) Stock Technical Analysis
USA - NASDAQ:PRAA - US69354N1063 - Common Stock
Overall PRAA gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PRAA was also a bad performer in the overall market in the last year.
The technical rating of PRAA is bad and it also does not present a quality setup 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
13.15
When analyzing the support we notice one important area.
- A support zone ranging from 13.28 to 13.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @16.37 from a trend line in the daily time frame.
- A resistance zone ranging from 17.34 to 17.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.42 from a trend line in the weekly time frame.
- Resistance @21.16 from a trend line in the weekly time frame.
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 PRAA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRAA is up. |
| ChartMill Relative Strength | 16.05 | NEGATIVE | PRAA has a low relative strength, it was outperformed by 83.95% 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) | DOWN | MIXED | The current price of PRAA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRAA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.07 | NEUTRAL | The RSI value for PRAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests PRAA has a positive trend. |
| Stochastics (14,3) | 93.21 | OVERBOUGHT | The high Stochastics value suggests PRAA may be overbought. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for PRAA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for PRAA suggests a weak or negative trend. |
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+0.75 (+4.92%)
PRA GROUP INC / PRAA FAQ
What is the technical rating for PRAA stock?
ChartMill assigns a technical rating of 3 / 10 to PRAA.
Can you provide the trend direction for PRA GROUP INC?
The current trend direction for PRA GROUP INC (PRAA) is Bearish.
What is the RSI signal for PRA GROUP INC (PRAA) stock?
PRA GROUP INC (PRAA) has an RSI value of 62.0737. This indicates that the stock is currently neutral.
What is the short term momentum for PRA GROUP INC (PRAA) stock?
The short term momentum for PRA GROUP INC (PRAA) is positive.
What is the buy/sell signal for PRA GROUP INC (PRAA) stock?
The buy/sell signal for PRA GROUP INC (PRAA) is hold as the short term and long term trends are mixed.