PRA GROUP INC (PRAA) Stock Technical Analysis
NASDAQ:PRAA - Nasdaq - US69354N1063 - Common Stock - Currency: USD
Taking everything into account, PRAA scores 2 out of 10 in our technical rating. 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.
90% of all other stocks performed better in the past year than PRAA.
PRAA is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 86% are performing better than PRAA.
PRAA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month PRAA has a been trading in the 14.11 - 16.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, 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 15.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PRAA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.41
24.42
3 important support areas can be observed.
- A support zone ranging from 15.00 to 15.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.42 to 14.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 15.87 to 15.92. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @16.24 from a horizontal line in the daily time frame.
- Resistance @21.84 from a trend line in the weekly time frame.
- A resistance zone ranging from 22.82 to 22.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.18 from a horizontal 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 | 10 | NEGATIVE | PRAA has a low relative strength, it was outperformed by 90% 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) | 56.93 | NEUTRAL | The RSI value for PRAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests PRAA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.62 | NEUTRAL | The Stochastics value for PRAA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for PRAA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.28 | NEGATIVE | The low ADX value for PRAA suggests a weak or negative 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)
15.86
+0.07 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.44%
1 Week3.12%
2 Weeks5.1%
1 Month6.23%
3 Month-6.76%
6 Month-25.57%
12 Month-29.92%
2 Year-33.53%
3 Year-60.19%
5 Year-59.91%
10 Year-75.04%
15 Year-31.72%
Volatility
ATR(14)0.65
ATR(20)%3.82%
ATR Inc-15.21%
Range Today0.44
ADR(20)0.58
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10
Mansfield-2.64
10 Day High16.41
10 Day Low14.62
20 Day High16.41
20 Day Low14.11
52 Week High27.54
52 Week Low12.91
CS1 End15.22
CR1 Start15.87
Volume & EV
DER(3)5.55%
DER(5)3.56%
Volume220.90K
Volume Incr-36.17%
Vol(5)310.82K
Vol(50)571.34K