Taking everything into account, PRAA scores 0 out of 10 in our technical rating. PRAA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 91% of all other stocks performed better in the past year than PRAA.
- PRAA is one of the lesser performing stocks in the Consumer Finance industry. 79% of 54 stocks in the same industry do better.
- PRAA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PRAA has a been trading in the 10.99 - 17.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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
11.34
We can see 3 important resistance areas.
- Resistance @15.88 from a trend line in the daily time frame.
- Resistance @17.76 from a trend line in the daily time frame.
- Resistance @20.11 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 | DOWN | NEGATIVE | The short term trend for PRAA is down. |
| ChartMill Relative Strength | 9.19 | NEGATIVE | PRAA has a low relative strength, it was outperformed by 90.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRAA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRAA is below 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) | 21.95 | OVERSOLD | The low RSI value suggests PRAA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests PRAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.34 | OVERSOLD | The low Stochastics value suggests PRAA may be oversold. |
| Average True Range in percent/ATR (20) | 6.86 | HIGH VOLATILITY | The high ATR as a percentage value for PRAA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.83 | POSITIVE | The high ADX value value for PRAA suggests a strong trend. |
11.45
+0.17 (+1.51%)
PRA GROUP INC / PRAA FAQ
What is the technical rating for PRAA stock?
ChartMill assigns a technical rating of 0 / 10 to PRAA.
What is the trend direction for PRAA stock?
The current trend direction for PRA GROUP INC (PRAA) is Bearish.
What is the RSI signal for PRAA stock?
PRA GROUP INC (PRAA) has an RSI value of 21.9504. This indicates that the stock is currently oversold.
What is the short term momentum for PRAA stock?
The short term momentum for PRA GROUP INC (PRAA) is negative.
Can you provide the buy/sell signal for PRA GROUP INC?
The buy/sell signal for PRA GROUP INC (PRAA) is sell as both the short term and long term trends are negative.