We assign a technical rating of 5 out of 10 to PRVA. PRVA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
PRVA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.68, a Stop Loss order could be placed below this zone.
More info and screens
19.19
We found 3 important support areas.
- A support zone ranging from 23.43 to 23.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.21 to 22.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @19.38 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 24.03 to 24.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @25.54 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 25.99 to 26.40. 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 | UP | POSITIVE | The long term trend for PRVA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRVA is neutral. |
| ChartMill Relative Strength | 74.54 | POSITIVE | PRVA has a high relative strength, it outperformed 74.54% 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) | 50.07 | NEUTRAL | The RSI value for PRVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PRVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.53 | NEUTRAL | The Stochastics value for PRVA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for PRVA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for PRVA suggests a possible start of a new trend. |
23.98
+0.24 (+1.01%)
PRIVIA HEALTH GROUP INC / PRVA FAQ
What is the technical rating for PRVA stock?
ChartMill assigns a technical rating of 5 / 10 to PRVA.
What is the trend direction for PRVA stock?
The current trend direction for PRIVIA HEALTH GROUP INC (PRVA) is Bullish.
Can you provide the RSI signal for PRIVIA HEALTH GROUP INC?
PRIVIA HEALTH GROUP INC (PRVA) has an RSI value of 50.0688. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PRIVIA HEALTH GROUP INC?
The MACD indicator for PRIVIA HEALTH GROUP INC (PRVA) has a value of -0.0697762, indicating a bearish trend.
Can you provide the support and resistance levels for PRIVIA HEALTH GROUP INC?
PRIVIA HEALTH GROUP INC (PRVA) has a support level at 23.68 and a resistance level at 24.03. Check the full technical report for our detailed analysis of PRVA support and resistance levels.