PRIORITY TECHNOLOGY HOLDINGS (PRTH) Stock Technical Analysis
NASDAQ:PRTH - Nasdaq - US74275G1076 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PRTH. PRTH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month PRTH has a been trading in the 6.50 - 8.40 range, which is quite wide. It is currently trading near the lows of this range.
PRTH is one of the better performing stocks in the Financial Services industry, it outperforms 77% of 101 stocks in the same industry.
Looking at the yearly performance, PRTH did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
PRTH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRTH is lagging the market.
The technical rating of PRTH is bad and it also does not present a 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
6.45
8.76
We found 2 important support areas.
- Support @6.69 from a trend line in the daily time frame.
- Support @6.52 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.95 to 6.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.72 to 7.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.67 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 | DOWN | NEGATIVE | The long term trend for PRTH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRTH is down. |
| ChartMill Relative Strength | 75.26 | POSITIVE | PRTH has a high relative strength, it outperformed 75.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRTH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRTH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PRTH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.78 | NEUTRAL | The RSI value for PRTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PRTH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.68 | NEUTRAL | The Stochastics value for PRTH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for PRTH suggests some volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for PRTH suggests a possible start of a new 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)
6.79
-0.15 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.16%
1 Week-1.59%
2 Weeks-6.09%
1 Month-17.5%
3 Month-0.88%
6 Month-39.37%
12 Month31.84%
2 Year83.02%
3 Year69.75%
5 Year248.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%4.87%
ATR Inc11.88%
Range Today0.3
ADR(20)0.33
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.26
Mansfield-1.9
10 Day High7.28
10 Day Low6.5
20 Day High8.4
20 Day Low6.5
52 Week High12.47
52 Week Low4.31
CS1 End6.69
CR1 Start6.95
Volume & EV
DER(3)-0.36%
DER(5)1.31%
Volume488.20K
Volume Incr-22.05%
Vol(5)408.58K
Vol(50)560.99K