PRIMERICA INC (PRI) Stock Technical Analysis
USA - NYSE:PRI - US74164M1080 - Common Stock
274.23 USD
-0.17 (-0.06%)
274.23 USD
0 (0%)
Overall PRI gets a technical rating of 5 out of 10. PRI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month PRI has a been trading in the 258.93 - 278.13 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
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 53% of all stocks.
PRI is an average performer in the Insurance industry, it outperforms 63% 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.
Although the technical rating is only medium, PRI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 274.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 271.73, a Stop Loss order could be placed below this zone.
More info and screens
245.83
283.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 266.73 to 271.73. 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 261.18. 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.
We found 1 important resistance area.
- A resistance zone ranging from 274.63 to 280.38. 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 | NEUTRAL | NEUTRAL | The long term trend for PRI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRI is up. |
| ChartMill Relative Strength | 53.69 | 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) | DOWN | MIXED | The current price of PRI is above a declining 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) | 58.27 | NEUTRAL | The RSI value for PRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests PRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.03 | NEUTRAL | The Stochastics value for PRI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for PRI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.63 | 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)
274.23
-0.17 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.06%
1 Week0.36%
2 Weeks2.14%
1 Month4.33%
3 Month6.16%
6 Month-3.9%
12 Month7.7%
2 Year41.35%
3 Year122.14%
5 Year142.38%
10 Year508.45%
15 Year1248.23%
Volatility
ATR(14)5.08
ATR(20)%1.78%
ATR Inc-3.52%
Range Today3.31
ADR(20)4.68
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.69
Mansfield-1
10 Day High278.14
10 Day Low264.11
20 Day High278.14
20 Day Low258.93
52 Week High307.91
52 Week Low230.98
CS1 End271.73
CR1 Start274.63
Volume & EV
DER(3)-0.45%
DER(5)-0.17%
Volume211.30K
Volume Incr29.43%
Vol(5)205.38K
Vol(50)167.21K