PRIMERICA INC (PRI) Technical Analysis
NYSE:PRI • US74164M1080
Overall PRI gets a technical rating of 0 out of 10. PRI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 76% of all other stocks performed better in the past year than PRI.
- PRI is an average performer in the Insurance industry, it outperforms 47% of 149 stocks in the same industry.
- 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.
- In the last month PRI has a been trading in the 230.09 - 277.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PRI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 252.48, a Stop Loss order could be placed below this zone.
More info and screens
245.84
When analyzing the support we notice one important area.
- A support zone ranging from 248.32 to 252.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 257.53 to 260.70. 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.
- A resistance zone ranging from 273.70 to 279.00. 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 | 24.63 | NEGATIVE | PRI has a low relative strength, it was outperformed by 75.37% 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) | 43.35 | NEUTRAL | The RSI value for PRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.74 | NEUTRAL | The Stochastics value for PRI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for PRI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.3 | NEUTRAL | The ADX value for PRI suggests a possible start of a new trend. |
PRI Technicals: Chart, Performance Metrics, Trend & Indicators
252.77
-4.54 (-1.76%)
PRIMERICA INC / PRI 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.
What is the RSI signal for PRI stock?
PRIMERICA INC (PRI) has an RSI value of 43.346. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PRIMERICA INC?
The MACD indicator for PRIMERICA INC (PRI) has a value of 0.00417238, indicating a bearish trend.
What is the support and resistance level for PRI stock?
PRIMERICA INC (PRI) has a support level at 252.48 and a resistance level at 257.53. Check the full technical report for our detailed analysis of PRI support and resistance levels.