PERIMETER SOLUTIONS SA (PRM)
LU2391723694 - Common Stock
We assign a technical rating of 7 out of 10 to PRM. In the last year, PRM was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PRM is one of the better performing stocks in the Chemicals industry, it outperforms 84% of 84 stocks in the same industry.
PRM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PRM is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that PRM is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month PRM has a been trading in the 6.84 - 7.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PRM 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 very little resistance above the current price. There is a support zone below the current price at 7.08, a Stop Loss order could be placed below this zone.
More info and screens
5.22
7.93
We found 3 important support areas.
- A support zone ranging from 6.91 to 7.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.68 from a trend line in the daily time frame.
- Support @5.27 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @7.61 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.80 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.75
Mansfield1.96
10 Day High7.6
10 Day Low6.84
20 Day High7.84
20 Day Low6.84
52 Week High8.41
52 Week Low2.79
Performance
1 Week0.42%
2 Weeks1%
1 Month-8.99%
3 Month42.08%
6 Month122.26%
12 Month-3.01%
2 Year-35.25%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)52.36
LBB6.85
UBB7.26
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 |
|---|---|---|---|
| 7.62 | 6.90 | 0.72 (9.45%) | 10.58% |
| An entry @7.62. This is a Buy Stop order right above the resistance zone. | An exit @6.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.72 points, which is 9.45%. | For a 1.00% total portfolio risk, you can invest 10.58% of your capital in this trade. |
- 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.
PERIMETER SOLUTIONS SA
NYSE:PRM (5/3/2024, 7:13:23 PM)
After market: 7.09 0 (0%)7.09
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0%
1 Week0.42%
2 Weeks1%
1 Month-8.99%
3 Month42.08%
6 Month122.26%
12 Month-3.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%3.85%
ATR Inc
Range Today0.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.6
10 Day Low6.84
20 Day High7.84
20 Day Low6.84
52 Week High8.41
52 Week Low2.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume440.10K
Volume Incr-16.66%
Vol(5)564.18K
Vol(50)762.60K