PALOMAR HOLDINGS INC (PLMR) Stock Technical Analysis
NASDAQ:PLMR - Nasdaq - US69753M1053 - Common Stock - Currency: USD
Overall PLMR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PLMR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PLMR is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, PLMR also shows a nice and consistent pattern of rising prices.
PLMR is one of the better performing stocks in the Insurance industry, it outperforms 97% of 143 stocks in the same industry.
PLMR is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month PLMR has a been trading in the 122.22 - 155.87 range, which is quite wide. It is currently trading near the high of this range.
PLMR has an excellent technical rating, but the quality of the setup is only medium 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
87.81
151.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 133.27 to 134.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 129.32 to 130.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.37 to 119.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @106.31 from a trend line in the weekly time frame.
- Support @88.70 from a horizontal 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
CRS97.35
Mansfield5.7
10 Day High155.87
10 Day Low122.22
20 Day High155.87
20 Day Low122.22
52 Week High155.87
52 Week Low77.17
Performance
1 Week4.76%
2 Weeks4.68%
1 Month14.59%
3 Month35.72%
6 Month54.28%
12 Month89.08%
2 Year198.03%
3 Year175.1%
5 Year156.05%
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)0.98
RSI(14)64.46
LBB127.6
UBB157.24
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 155.88 | 122.21 | 33.67 (21.60%) | 4.63% |
| An entry @155.88. This is a Buy Stop order right above the 10 day high. | An exit @122.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 33.67 points, which is 21.60%. | When investing 4.63% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
149.79
-0.65 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.43%
1 Week4.76%
2 Weeks4.68%
1 Month14.59%
3 Month35.72%
6 Month54.28%
12 Month89.08%
2 Year198.03%
3 Year175.1%
5 Year156.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.88
ATR(20)%4.5%
ATR Inc-40.88%
Range Today3.07
ADR(20)6.55
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.35
Mansfield5.7
10 Day High155.87
10 Day Low122.22
20 Day High155.87
20 Day Low122.22
52 Week High155.87
52 Week Low77.17
CS1 End134.32
CR1 StartN/A
Volume & EV
DER(3)1.15%
DER(5)3.2%
Volume178.20K
Volume Incr-4.92%
Vol(5)294.10K
Vol(50)281.02K