PRIMERICA INC (PRI) Stock Technical Analysis
NYSE:PRI - New York Stock Exchange, Inc. - US74164M1080 - Common Stock - Currency: USD
Overall PRI gets a technical rating of 0 out of 10. 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: 71% of all stocks are doing better.
In the last month PRI has a been trading in the 255.46 - 272.32 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 an average performer in the Insurance industry, it outperforms 47% of 141 stocks in the same industry.
PRI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRI is lagging the market.
Although the technical rating is bad, PRI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 260.82, a Stop Loss order could be placed below this zone.
More info and screens
241.94
299.40
We found 3 important support areas.
- A support zone ranging from 258.38 to 260.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @248.31 from a horizontal line in the weekly time frame.
- Support @244.38 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 262.10 to 267.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 272.30 to 273.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 278.97 to 280.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 294.58 to 296.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 29.26 | NEGATIVE | PRI has a low relative strength, it was outperformed by 70.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRI is below 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) | 47.34 | NEUTRAL | The RSI value for PRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PRI has a positive trend. |
| Stochastics (14,3) | 43.73 | NEUTRAL | The Stochastics value for PRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for PRI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for PRI suggests a weak or negative trend. |
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)
261.67
-1.17 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.45%
1 Week1.47%
2 Weeks0.84%
1 Month-2.14%
3 Month-6.2%
6 Month-6.94%
12 Month1.56%
2 Year30.21%
3 Year106.45%
5 Year109.59%
10 Year515.84%
15 Year1144.27%
Volatility
ATR(14)6.26
ATR(20)%2.19%
ATR Inc-36.2%
Range Today4.43
ADR(20)5.39
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.26
Mansfield-1.29
10 Day High272.32
10 Day Low255.46
20 Day High272.32
20 Day Low255.46
52 Week High307.91
52 Week Low230.98
CS1 End260.82
CR1 Start262.1
Volume & EV
DER(3)0.57%
DER(5)0.59%
Volume133.60K
Volume Incr-12.28%
Vol(5)146.04K
Vol(50)181.73K