PRIMERICA INC (PRI) Technical Analysis
NYSE:PRI • US74164M1080
Current stock price
PRI Technical Rating and Analysis
Taking everything into account, PRI scores 0 out of 10 in our technical rating. PRI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, PRI is a bad performer in the overall market: 62% of all stocks are doing better.
- In the last month PRI has a been trading in the 243.80 - 261.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- PRI is part of the Insurance industry. There are 148 other stocks in this industry, PRI did better than 65% of them.
- PRI 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 PRI is lagging the market slightly.
PRI Weekly and Daily overview Charts
PRI Setup Rating and Analysis
PRI has a bad technical rating, but it does show 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 254.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 245.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PRI 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
PRI Support and Resistance Analysis
243.08
We found 1 important support area.
- A support zone ranging from 245.54 to 245.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 254.92 to 260.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @267.54 from a horizontal line in the daily time frame.
- Resistance @272.40 from a trend line in the weekly time frame.
- A resistance zone ranging from 278.07 to 279.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
PRI 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 | DOWN | NEGATIVE | The long term trend for PRI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRI is neutral. |
| ChartMill Relative Strength | 38.59 | NEUTRAL | PRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PRI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.65 | NEUTRAL | The RSI value for PRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests PRI has a positive trend. |
| Stochastics (14,3) | 73.26 | NEUTRAL | The Stochastics value for PRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for PRI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.83 | NEGATIVE | The low ADX value for PRI suggests a weak or negative trend. |
PRI Chart- and CandleStick Pattern Analysis
PRI Technicals: Chart, Performance Metrics, Trend & Indicators
253.85
-0.02 (-0.01%)
PRIMERICA INC / PRI TA FAQ
What is the ChartMill technical rating of PRIMERICA INC (PRI) stock?
ChartMill assigns a technical rating of 0 / 10 to PRI.
What is the trend direction for PRI stock?
The current trend direction for PRIMERICA INC (PRI) is Bearish.
Can you provide the RSI signal for PRIMERICA INC?
PRIMERICA INC (PRI) has an RSI value of 51.6451. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PRIMERICA INC?
The short term momentum for PRIMERICA INC (PRI) is neutral.
Can you provide the support and resistance levels for PRIMERICA INC?
PRIMERICA INC (PRI) has a support level at 245.54 and a resistance level at 254.92. Check the full technical report for our detailed analysis of PRI support and resistance levels.