PRIMO BRANDS CORP (PRMB) Stock Technical Analysis
NYSE:PRMB - New York Stock Exchange, Inc. - US7416231022 - Common Stock - Currency: USD
Taking everything into account, PRMB scores 4 out of 10 in our technical rating. PRMB was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, PRMB is a bad performer in the overall market: 100% of all stocks are doing better.
PRMB is one of the lesser performing stocks in the Beverages industry. 87% of 32 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month PRMB has a been trading in the 31.57 - 35.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PRMB has an average volume of 4490630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PRMB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PRMB in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.59
36.00
4 important support areas can be observed.
- A support zone ranging from 32.31 to 33.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.60 from a horizontal line in the weekly time frame.
- Support @30.46 from a horizontal line in the daily time frame.
- Support @29.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.80 to 35.64. 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
CRS0
Mansfield-30
10 Day High33.4
10 Day Low31.69
20 Day High35.14
20 Day Low31.58
52 Week HighN/A
52 Week LowN/A
Performance
1 Week1.54%
2 Weeks0.3%
1 Month0.21%
3 Month-1.28%
6 MonthN/A
12 MonthN/A
2 YearN/A
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)0.01
RSI(14)49.86
LBB31.97
UBB33.66
NYSE:PRMB (5/7/2025, 1:00:09 PM)
33.05
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0%
1 Week1.54%
2 Weeks0.3%
1 Month0.21%
3 Month-1.28%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%3.39%
ATR Inc-44.72%
Range Today0.37
ADR(20)1.09
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High33.4
10 Day Low31.69
20 Day High35.14
20 Day Low31.58
52 Week HighN/A
52 Week LowN/A
CS1 End33.04
CR1 Start34.8
Volume & EV
DER(3)3.6%
DER(5)3.48%
Volume1.46M
Volume Incr-13.89%
Vol(5)3.48M
Vol(50)4.49M