PRA GROUP INC (PRAA) Technical Analysis
NASDAQ:PRAA • US69354N1063
Current stock price
PRAA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to PRAA. Although PRAA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 72% of all other stocks performed better in the past year than PRAA.
- Both the short term and long term trends are positive. This is a very positive sign.
- PRAA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PRAA is performing more or less in line with the market.
- In the last month PRAA has a been trading in the 16.64 - 19.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- PRAA is an average performer in the Consumer Finance industry, it outperforms 54% of 54 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
PRAA Weekly and Daily overview Charts
PRAA Setup Rating and Analysis
Although the technical rating is only medium, PRAA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.75, a Stop Loss order could be placed below this zone.
More info and screens
PRAA Support and Resistance Analysis
16.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.59 to 17.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.73 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.92 to 18.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.55 from a trend line in the weekly 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 | 28.42 | NEGATIVE | PRAA has a low relative strength, it was outperformed by 71.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PRAA is above a declining 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) | 59.4 | NEUTRAL | The RSI value for PRAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PRAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.34 | NEUTRAL | The Stochastics value for PRAA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for PRAA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.94 | POSITIVE | The high ADX value value for PRAA suggests a strong trend. |
PRAA Chart- and CandleStick Pattern Analysis
PRAA Example Setup
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 |
|---|---|---|---|
| 18.16 | 17.58 | 0.58 (3.19%) | 25.00% |
| An entry @18.16. This is a Buy Stop order right above the resistance zone. | An exit @17.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.58 points, which is 3.19%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PRAA. 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.
PRAA Technicals: Chart, Performance Metrics, Trend & Indicators
17.78
0 (0%)
PRA GROUP INC / PRAA TA FAQ
What is the technical rating for PRAA stock?
ChartMill assigns a technical rating of 6 / 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 59.4007. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PRA GROUP INC?
The MACD indicator for PRA GROUP INC (PRAA) has a value of -0.14414, indicating a bearish trend.
What is the short term momentum for PRAA stock?
The short term momentum for PRA GROUP INC (PRAA) is positive.