PRIMERICA INC (PRI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PRI - US74164M1080 - Common Stock
We assign a technical rating of 0 out of 10 to PRI. 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.
PRI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 256.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 255.08, a Stop Loss order could be placed below this zone.
More info and screens
241.94
We found 2 important support areas.
- A support zone ranging from 248.31 to 255.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 244.38 to 244.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 256.07 to 260.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @266.57 from a horizontal line in the daily time frame.
- Resistance @273.59 from a trend line in the weekly time frame.
- 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.
- Resistance @292.04 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 | DOWN | NEGATIVE | The long term trend for PRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRI is down. |
| ChartMill Relative Strength | 24.65 | NEGATIVE | PRI has a low relative strength, it was outperformed by 75.35% 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) | 48.13 | NEUTRAL | The RSI value for PRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests PRI has a positive trend. |
| Stochastics (14,3) | 23.13 | NEUTRAL | The Stochastics value for PRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PRI suggests some volalility. |
| Average Directional Index/ADX (14) | 9.51 | NEGATIVE | The low ADX value for PRI suggests a weak or negative trend. |
255.87
+1.38 (+0.54%)
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 current trend direction of PRIMERICA INC (PRI) stock?
The current trend direction for PRIMERICA INC (PRI) is Bearish.
What is the RSI signal for PRIMERICA INC (PRI) stock?
PRIMERICA INC (PRI) has an RSI value of 48.1285. 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 0.128591, indicating a bearish trend.
What are the support and resistance levels for PRIMERICA INC (PRI) stock?
PRIMERICA INC (PRI) has a support level at 255.08 and a resistance level at 256.07. Check the full technical report for our detailed analysis of PRI support and resistance levels.