Taking everything into account, PRAA scores 6 out of 10 in our technical rating. In the last year, PRAA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, PRAA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.62. Right above this resistance zone may be a good entry point.
13.15
3 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for PRAA is neutral. |
| ChartMill Relative Strength | 61.99 | 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) | DOWN | MIXED | The current price of PRAA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.77 | NEUTRAL | The RSI value for PRAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PRAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43 | NEUTRAL | The Stochastics value for PRAA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for PRAA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.7 | NEGATIVE | The low ADX value for PRAA suggests a weak or negative trend. |
17.55
+0.44 (+2.57%)
ChartMill assigns a technical rating of 6 / 10 to PRAA.
The current trend direction for PRA GROUP INC (PRAA) is Bullish.
PRA GROUP INC (PRAA) has an RSI value of 56.773. This indicates that the stock is currently neutral.
The short term momentum for PRA GROUP INC (PRAA) is neutral.