PRIMERICA INC (PRI) Stock Technical Analysis
NYSE:PRI • US74164M1080
Taking everything into account, PRI scores 1 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.
- When comparing the yearly performance of all stocks, PRI is a bad performer in the overall market: 75% of all stocks are doing better.
- PRI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month PRI has a been trading in the 230.09 - 277.37 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- PRI is an average performer in the Insurance industry, it outperforms 42% of 149 stocks in the same industry.
The technical rating of PRI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
245.84
We found 1 important support area.
- A support zone ranging from 248.32 to 250.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @250.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 257.53 to 266.57. This zone is formed by a combination of multiple trend lines and important moving averages 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.
- Resistance @285.59 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PRI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRI is neutral. |
| ChartMill Relative Strength | 25.88 | NEGATIVE | PRI has a low relative strength, it was outperformed by 74.12% 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) | 36.51 | NEUTRAL | The RSI value for PRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.28 | NEGATIVE | The MACD value suggests PRI has a negative trend. |
| Stochastics (14,3) | 31.55 | NEUTRAL | The Stochastics value for PRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for PRI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.31 | NEUTRAL | The ADX value for PRI suggests a possible start of a new trend. |
250.04
-3.41 (-1.35%)
PRIMERICA INC / PRI FAQ
What is the ChartMill technical rating of PRIMERICA INC (PRI) stock?
ChartMill assigns a technical rating of 1 / 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 36.5066. 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 -1.27819, indicating a bearish trend.
What is the support and resistance level for PRI stock?
PRIMERICA INC (PRI) has a support level at 250.03 and a resistance level at 250.31. Check the full technical report for our detailed analysis of PRI support and resistance levels.