PRIMERICA INC (PRI) Stock Technical Analysis
USA - NYSE:PRI - US74164M1080 - Common Stock
278.99 USD
+0.67 (+0.24%)
278.99 USD
0 (0%)
We assign a technical rating of 8 out of 10 to PRI. Although PRI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month PRI has a been trading in the 266.64 - 288.03 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.
When compared to the yearly performance of all other stocks, PRI outperforms 43% of them, which is more or less in line with the market.
PRI is an average performer in the Insurance industry, it outperforms 53% of 146 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.
PRI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 277.07, a Stop Loss order could be placed below this zone.
More info and screens
245.83
296.47
3 important support areas can be observed.
- A support zone ranging from 269.10 to 277.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 258.32 to 263.17. 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.
2 important resistance areas can be observed.
- Resistance @280.38 from a horizontal line in the daily time frame.
- Resistance @293.53 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 | UP | POSITIVE | The long term trend for PRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRI is up. |
| ChartMill Relative Strength | 43.7 | NEUTRAL | PRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PRI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.03 | NEUTRAL | The RSI value for PRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests PRI has a positive trend. |
| Stochastics (14,3) | 53.2 | NEUTRAL | The Stochastics value for PRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for PRI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for PRI suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 280.39 | 269.87 | 10.52 (3.75%) | 25.00% |
| An entry @280.39. This is a Buy Stop order right above the resistance zone. | An exit @269.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.52 points, which is 3.75%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
278.99
+0.67 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.24%
1 Week0.55%
2 Weeks1.31%
1 Month2.1%
3 Month0.63%
6 Month12.35%
12 Month1.73%
2 Year45.95%
3 Year92.81%
5 Year153.08%
10 Year485.74%
15 Year1220.98%
Volatility
ATR(14)6.25
ATR(20)%2.25%
ATR Inc-10.79%
Range Today4.83
ADR(20)6.09
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.7
Mansfield-0.96
10 Day High288.03
10 Day Low269.88
20 Day High288.03
20 Day Low266.64
52 Week High307.91
52 Week Low230.98
CS1 End277.07
CR1 Start280.38
Volume & EV
DER(3)2.48%
DER(5)1.42%
Volume161.40K
Volume Incr-34.72%
Vol(5)142.26K
Vol(50)181.15K