Prosight Global Inc (PROS)

12.85  0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PROS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PROS is showing a nice and steady performance.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that PROS is one of the better performing stocks in the market, outperforming 75% of all stocks.
PROS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PROS is lagging the market slightly.
PROS is part of the Insurance industry. There are 140 other stocks in this industry, PROS did better than 61% of them.
In the last month PROS has a been trading in a tight range between 12.72 and 12.93.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PROS Weekly chart
PROS Daily chart
Setup Rating and Analysis

7

PROS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 12.82, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

12.32

13.38

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 12.72 to 12.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.44 to 12.45. 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.

  • Resistance @13.25 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.01
Mansfield-0.84
10 Day High12.93
10 Day Low12.75
20 Day High12.93
20 Day Low12.72
52 Week High14.25
52 Week Low8.25
Performance
1 Week0.55%
2 Weeks0.71%
1 Month0.47%
3 Month0.39%
6 Month1.98%
12 Month54.82%
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)61.28
LBB12.72
UBB12.85
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.9412.740.20 (1.55%)25.00%
An entry @12.94. This is a Buy Stop order right above the 10 day high.An exit @12.74. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.20 points, which is 1.55%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%.

  • 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.
PROS Daily chart

Prosight Global Inc

NYSE:PROS (8/3/2021, 7:13:20 PM)

12.85

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week0.55%
2 Weeks0.71%
1 Month0.47%
3 Month0.39%
6 Month1.98%
12 Month54.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%0.47%
ATR Inc
Range Today0.1
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 High12.93
10 Day Low12.75
20 Day High12.93
20 Day Low12.72
52 Week High14.25
52 Week Low8.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume381.40K
Volume Incr174.28%
Vol(5)161.86K
Vol(50)81.78K