PORCH GROUP INC (PRCH)
US7332451043 - Common Stock
Taking everything into account, PRCH scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month PRCH has a been trading in the 3.09 - 4.47 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that PRCH is one of the better performing stocks in the market, outperforming 98% of all stocks.
PRCH is one of the better performing stocks in the Software industry, it outperforms 96% of 276 stocks in the same industry.
PRCH has an average volume of 1594290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PRCH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRCH is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, PRCH also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.26, a Stop Loss order could be placed below this zone.
More info and screens
3.15
3.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.25 to 3.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.48 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.97
Mansfield6.61
10 Day High3.62
10 Day Low3.09
20 Day High4.47
20 Day Low3.09
52 Week High4.78
52 Week Low0.5
Performance
1 Week-0.86%
2 Weeks5.2%
1 Month-20.74%
3 Month47.64%
6 Month406.7%
12 Month291.22%
2 Year-16.5%
3 Year-79.91%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)47.83
LBB3.14
UBB3.48
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 |
|---|---|---|---|
| 3.54 | 3.24 | 0.30 (8.47%) | 11.80% |
| An entry @3.54. This is a Buy Stop order right above the resistance zone. | An exit @3.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 8.47%. | When investing 11.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PRCH. Please evaluate whether better entry and exit points can be found.
- 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.
PORCH GROUP INC
NASDAQ:PRCH (5/3/2024, 7:13:14 PM)
After market: 3.4 -0.04 (-1.16%)3.44
+0.12 (+3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.61%
1 Week-0.86%
2 Weeks5.2%
1 Month-20.74%
3 Month47.64%
6 Month406.7%
12 Month291.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%7.53%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.62
10 Day Low3.09
20 Day High4.47
20 Day Low3.09
52 Week High4.78
52 Week Low0.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume535.70K
Volume Incr-44.13%
Vol(5)640.84K
Vol(50)1.59M