PERIMETER SOLUTIONS INC (PRM) Technical Analysis
NYSE:PRM • US71385M1071
Current stock price
PRM Technical Rating and Analysis
Taking everything into account, PRM scores 7 out of 10 in our technical rating. Although PRM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, PRM did better than 94% of all other stocks. On top of that, PRM also shows a nice and consistent pattern of rising prices.
- PRM is one of the better performing stocks in the Chemicals industry, it outperforms 91% of 82 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.
- In the last month PRM has a been trading in the 20.38 - 26.02 range, which is quite wide. It is currently trading near the high of this range.
- PRM has an average volume of 1076900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PRM Weekly and Daily overview Charts
PRM Setup Rating and Analysis
Although PRM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PRM Support and Resistance Analysis
20.77
We found 1 important support area.
- A support zone ranging from 20.98 to 21.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.60 to 25.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
PRM Technical Indicator Signal Analysis
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 PRM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRM is up. |
| ChartMill Relative Strength | 94.42 | POSITIVE | PRM has a high relative strength, it outperformed 94.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PRM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.38 | NEUTRAL | The RSI value for PRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests PRM has a positive trend. |
| Stochastics (14,3) | 96.3 | OVERBOUGHT | The high Stochastics value suggests PRM may be overbought. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for PRM suggests some volalility. |
| Average Directional Index/ADX (14) | 35.33 | POSITIVE | The high ADX value value for PRM suggests a strong trend. |
PRM Chart- and CandleStick Pattern Analysis
PRM Technicals: Chart, Performance Metrics, Trend & Indicators
25.59
-0.29 (-1.12%)
PERIMETER SOLUTIONS INC / PRM TA FAQ
What is the technical rating for PRM stock?
ChartMill assigns a technical rating of 7 / 10 to PRM.
Can you provide the trend direction for PERIMETER SOLUTIONS INC?
The current trend direction for PERIMETER SOLUTIONS INC (PRM) is Bearish.
What is the RSI signal for PRM stock?
PERIMETER SOLUTIONS INC (PRM) has an RSI value of 62.3766. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PERIMETER SOLUTIONS INC?
The MACD indicator for PERIMETER SOLUTIONS INC (PRM) has a value of 0.594717, indicating a bearish trend.
What is the short term momentum for PRM stock?
The short term momentum for PERIMETER SOLUTIONS INC (PRM) is positive.