PRA GROUP INC (PRAA) Technical Analysis
NASDAQ:PRAA • US69354N1063
Current stock price
PRAA Technical Rating and Analysis
Overall PRAA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PRAA is only an average performer.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both positive. This is looking good!
- PRAA is one of the better performing stocks in the Consumer Finance industry, it outperforms 73% of 54 stocks in the same industry.
- 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.
- When comparing the performance of all stocks over the past year, PRAA turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- In the last month PRAA has a been trading in the 16.64 - 18.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PRAA Weekly and Daily overview Charts
PRAA Setup Rating and Analysis
PRAA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.85, a Stop Loss order could be placed below this zone.
More info and screens
PRAA Support and Resistance Analysis
16.56
We found 1 important support area.
- 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 18.15 to 18.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.48 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 | 51.83 | NEUTRAL | PRAA is not amongst the best or worst performers 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) | 61.25 | NEUTRAL | The RSI value for PRAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PRAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.05 | NEUTRAL | The Stochastics value for PRAA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for PRAA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.05 | 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 |
|---|---|---|---|
| 18.20 | 16.72 | 1.48 (8.13%) | 12.30% |
| An entry @18.20. This is a Buy Stop order right above the resistance zone. | An exit @16.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.48 points, which is 8.13%. | When investing 12.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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
18.04
+0.26 (+1.46%)
PRA GROUP INC / PRAA TA FAQ
What is the technical rating for PRAA stock?
ChartMill assigns a technical rating of 7 / 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 61.2521. 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 -0.119928, indicating a bearish trend.
What is the short term momentum for PRAA stock?
The short term momentum for PRA GROUP INC (PRAA) is positive.