PRIMERICA INC (PRI) Stock Technical Analysis
NYSE:PRI - New York Stock Exchange, Inc. - US74164M1080 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to PRI. PRI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month PRI has a been trading in the 255.35 - 281.14 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, PRI turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
PRI is part of the Insurance industry. There are 143 other stocks in this industry, PRI did better than 47% 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 has a poor technical rating and the quality of the setup is also not perfect 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
241.94
305.67
When analyzing the support we can see 3 important areas.
- Support @255.88 from a trend line in the weekly time frame.
- A support zone ranging from 248.31 to 249.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @244.38 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 262.46 to 267.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @272.73 from a trend line in the weekly time frame.
- A resistance zone ranging from 278.98 to 280.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 293.53 to 294.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @302.64 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 | DOWN | NEGATIVE | The short term trend for PRI is down. |
| ChartMill Relative Strength | 42.03 | NEUTRAL | PRI is not amongst the best or worst performers 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) | UP | MIXED | The current price of PRI is below the rising 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) | 40.1 | NEUTRAL | The RSI value for PRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests PRI has a negative trend. |
| Stochastics (14,3) | 13.92 | OVERSOLD | The low Stochastics value suggests PRI may be oversold. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for PRI suggests some volalility. |
| Average Directional Index/ADX (14) | 17 | 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)
257.53
-3.13 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.2%
1 Week-1.04%
2 Weeks-5.49%
1 Month-8.15%
3 Month-9.49%
6 Month-5.15%
12 Month9.18%
2 Year30.22%
3 Year115.16%
5 Year120.87%
10 Year463.65%
15 Year1101.17%
Volatility
ATR(14)5.24
ATR(20)%2.05%
ATR Inc-13.83%
Range Today4.3
ADR(20)4.94
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.03
Mansfield-0.86
10 Day High273.88
10 Day Low255.36
20 Day High281.14
20 Day Low255.36
52 Week High307.91
52 Week Low230.98
CS1 End255.88
CR1 Start262.46
Volume & EV
DER(3)2.25%
DER(5)2.31%
Volume171.30K
Volume Incr3.83%
Vol(5)151.32K
Vol(50)159.56K