PRIVIA HEALTH GROUP INC (PRVA) Stock Technical Analysis
NASDAQ:PRVA - Nasdaq - US74276R1023 - Common Stock - Currency: USD
Overall PRVA gets a technical rating of 4 out of 10. Although PRVA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PRVA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
PRVA 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 PRVA is performing more or less in line with the market.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that PRVA is one of the better performing stocks in the market, outperforming 78% of all stocks. However, PRVA's most recent performance is quite weak.
PRVA is an average performer in the Health Care Providers & Services industry, it outperforms 66% of 102 stocks in the same industry.
Although the technical rating is only medium, PRVA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.73, a Stop Loss order could be placed below this zone.
More info and screens
18.41
25.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.71 to 22.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.97 from a horizontal line in the weekly time frame.
- Support @21.48 from a horizontal line in the daily time frame.
- Support @18.60 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.80 to 22.93. 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 25.26 to 25.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PRVA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRVA is neutral. |
| ChartMill Relative Strength | 78.04 | POSITIVE | PRVA has a high relative strength, it outperformed 78.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PRVA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.64 | NEUTRAL | The RSI value for PRVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PRVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.27 | NEUTRAL | The Stochastics value for PRVA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for PRVA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.65 | NEGATIVE | The low ADX value for PRVA suggests a weak or negative 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)
22.8
-0.21 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.91%
1 Week1.11%
2 Weeks-4.2%
1 Month-2.23%
3 Month-10.73%
6 Month7.65%
12 Month32.94%
2 Year-12.68%
3 Year-21.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%3.92%
ATR Inc-12.88%
Range Today0.99
ADR(20)0.86
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.04
Mansfield0.45
10 Day High23.79
10 Day Low22.15
20 Day High26.09
20 Day Low22.15
52 Week High26.09
52 Week Low16.37
CS1 End22.73
CR1 Start22.8
Volume & EV
DER(3)0.53%
DER(5)-0.97%
Volume701.20K
Volume Incr26.06%
Vol(5)937.48K
Vol(50)795.39K