Primo Water Corporation (PRMW) Stock Technical Analysis
NYSE:PRMW - New York Stock Exchange, Inc. - CA74167P1080 - Common Stock - Currency: USD
Taking everything into account, PRMW scores 7 out of 10 in our technical rating. PRMW was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that PRMW is one of the better performing stocks in the market, outperforming 89% of all stocks.
PRMW is one of the better performing stocks in the Beverages industry, it outperforms 87% of 32 stocks in the same industry.
PRMW 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 PRMW is performing more or less in line with the market.
PRMW has an average volume of 1786390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month PRMW has a been trading in the 21.60 - 28.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PRMW has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.93
24.53
When analyzing the support we notice one important area.
- A support zone ranging from 24.17 to 24.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @24.29 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.07
Mansfield0.82
10 Day High27.87
10 Day Low21.6
20 Day High28.06
20 Day Low21.6
52 Week High28.06
52 Week Low14.06
Performance
1 Week-8.74%
2 Weeks-12.28%
1 Month-6.34%
3 Month12.34%
6 Month14.31%
12 Month64.92%
2 Year54.7%
3 Year45.67%
5 Year137.35%
10 Year451.48%
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)-0.43
RSI(14)34.17
LBB24.1
UBB28.74
24.21
-0.23 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.94%
1 Week-8.74%
2 Weeks-12.28%
1 Month-6.34%
3 Month12.34%
6 Month14.31%
12 Month64.92%
2 Year54.7%
3 Year45.67%
5 Year137.35%
10 Year451.48%
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%3.88%
ATR Inc439.71%
Range Today2.38
ADR(20)0.92
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.07
Mansfield0.82
10 Day High27.87
10 Day Low21.6
20 Day High28.06
20 Day Low21.6
52 Week High28.06
52 Week Low14.06
CS1 End24.2
CR1 Start24.29
Volume & EV
DER(3)-1.56%
DER(5)-0.23%
Volume11.42M
Volume Incr240.31%
Vol(5)5.09M
Vol(50)1.79M