NYSE:PRIM • US74164F1030
Taking everything into account, PRIM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PRIM is showing a nice and steady performance.
PRIM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
111.92
5 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 PRIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRIM is up. |
| ChartMill Relative Strength | 96.15 | POSITIVE | PRIM has a high relative strength, it outperformed 96.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.09 | NEUTRAL | The RSI value for PRIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests PRIM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.62 | NEUTRAL | The Stochastics value for PRIM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for PRIM suggests some volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for PRIM suggests a strong trend. |
160.41
-1.97 (-1.21%)
ChartMill assigns a technical rating of 10 / 10 to PRIM.
The current trend direction for PRIMORIS SERVICES CORP (PRIM) is Bullish.
PRIMORIS SERVICES CORP (PRIM) has an RSI value of 59.0887. This indicates that the stock is currently neutral.
The MACD indicator for PRIMORIS SERVICES CORP (PRIM) has a value of 0.128743, indicating a bearish trend.
The buy/sell signal for PRIMORIS SERVICES CORP (PRIM) is buy as both the short term and long term trends are positive.