PALOMAR HOLDINGS INC (PLMR)

US69753M1053 - Common Stock

104.93  +1.12 (+1.08%)

Premarket: 105.6 +0.67 (+0.64%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to PLMR. In the last year, PLMR was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month PLMR has a been trading in the 100.31 - 112.90 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that PLMR is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, PLMR also shows a nice and consistent pattern of rising prices.
PLMR is part of the Insurance industry. There are 141 other stocks in this industry. PLMR outperforms 93% of them.
PLMR 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 PLMR is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PLMR Weekly chart
PLMR Daily chart
Setup Rating and Analysis

5

PLMR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 104.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

87.81

113.29

3 important support areas can be observed.

  • A support zone ranging from 101.89 to 104.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 92.29 to 93.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @88.70 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 110.45 to 112.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS93.27
Mansfield1.26
10 Day High112.9
10 Day Low100.31
20 Day High112.9
20 Day Low100.31
52 Week High112.9
52 Week Low54.5
Performance
1 Week-4.32%
2 Weeks-5%
1 Month-3.44%
3 Month10.44%
6 Month34.25%
12 Month82.9%
2 Year132.35%
3 Year62%
5 Year107.82%
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)47.36
LBB103.17
UBB113.34
PLMR Daily chart

PALOMAR HOLDINGS INC

NASDAQ:PLMR (12/20/2024, 8:00:00 PM)

Premarket: 105.6 +0.67 (+0.64%)

104.93

+1.12 (+1.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.08%
1 Week-4.32%
2 Weeks-5%
1 Month-3.44%
3 Month10.44%
6 Month34.25%
12 Month82.9%
2 Year132.35%
3 Year62%
5 Year107.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.99
ATR(20)%3.45%
ATR Inc30.65%
Range Today5.34
ADR(20)3.62
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.27
Mansfield1.26
10 Day High112.9
10 Day Low100.31
20 Day High112.9
20 Day Low100.31
52 Week High112.9
52 Week Low54.5
CS1 End104.92
CR1 Start110.45
Volume & EV
DER(3)-0.55%
DER(5)0.9%
Volume433.30K
Volume Incr56.79%
Vol(5)242.28K
Vol(50)156.35K