PERIMETER SOLUTIONS INC (PRM) Stock Technical Analysis
NYSE:PRM - New York Stock Exchange, Inc. - US71385M1071 - Common Stock - Currency: USD
Overall PRM gets a technical rating of 8 out of 10. PRM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
PRM is one of the better performing stocks in the Chemicals industry, it outperforms 91% of 85 stocks in the same industry.
PRM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PRM has an average volume of 1149260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PRM is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PRM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRM is lagging the market slightly.
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 11.96, a Stop Loss order could be placed below this zone.
More info and screens
9.75
14.22
We found 3 important support areas.
- A support zone ranging from 11.69 to 11.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.07 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.85 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.18 from a horizontal line in the daily time frame.
- Resistance @14.08 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 PRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRM is up. |
| ChartMill Relative Strength | 93.22 | POSITIVE | PRM has a high relative strength, it outperformed 93.22% 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) | UP | POSITIVE | The current price of PRM is above the rising 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) | 64.63 | NEUTRAL | The RSI value for PRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PRM has a negative trend. |
| Stochastics (14,3) | 79.86 | NEUTRAL | The Stochastics value for PRM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for PRM suggests some volalility. |
| Average Directional Index/ADX (14) | 28.02 | POSITIVE | The high ADX value value for PRM suggests a strong 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 |
|---|---|---|---|
| 11.99 | 11.68 | 0.31 (2.59%) | 25.00% |
| An entry @11.99. This is a Buy Stop order right above the resistance zone. | An exit @11.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 2.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of PRM. Please evaluate whether better entry and exit points can be found.
- 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.
NYSE:PRM (5/29/2025, 12:01:07 PM)
12.135
+0.16 (+1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.38%
1 Week1.18%
2 Weeks-1.64%
1 Month16.89%
3 Month13.14%
6 Month-6.48%
12 Month57.5%
2 Year120.85%
3 Year9.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%3.21%
ATR Inc-44.82%
Range Today0.26
ADR(20)0.35
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.22
Mansfield0.46
10 Day High12.09
10 Day Low11.55
20 Day High12.28
20 Day Low9.98
52 Week High14.44
52 Week Low7
CS1 End11.96
CR1 Start11.98
Volume & EV
DER(3)-2.09%
DER(5)-2.76%
Volume264.23K
Volume Incr-7.76%
Vol(5)890.70K
Vol(50)1.15M