NYSEARCA:PRB - NYSE Arca -
Taking everything into account, PRB scores 6 out of 10 in our technical rating. Although PRB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, PRB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 24.58, a Stop Loss order could be placed below this zone.
23.84
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
24.62 | 24.52 | 0.10 (0.39%) | 25.00% |
An entry @24.62. This is a Buy Stop order right above the 10 day moving average. | An exit @24.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 0.39%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
Market Vectors? Pre-Refunded Muni ETF
NYSEARCA:PRB (4/5/2019, 8:04:06 PM)
24.58
+0.04 (+0.16%)