PROASSURANCE CORP (PRA) Stock Technical Analysis
NYSE:PRA - New York Stock Exchange, Inc. - US74267C1062 - Common Stock - Currency: USD
Taking everything into account, PRA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PRA is one of the better performing stocks in the market, outperforming 97% of all stocks.
PRA is one of the better performing stocks in the Insurance industry, it outperforms 97% of 143 stocks in the same industry.
PRA 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.
PRA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
In the last month PRA has a been trading in a tight range between 22.90 and 23.70.
Besides having an excellent technical rating, PRA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.18, a Stop Loss order could be placed below this zone.
More info and screens
14.23
23.59
4 important support areas can be observed.
- A support zone ranging from 23.06 to 23.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.15 from a horizontal line in the daily time frame.
- A support zone ranging from 14.70 to 14.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.37 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.21 to 23.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.38
Mansfield6.29
10 Day High23.7
10 Day Low22.9
20 Day High23.7
20 Day Low22.9
52 Week High23.7
52 Week Low10.76
Performance
1 Week0.22%
2 Weeks-0.64%
1 Month0.74%
3 Month51.87%
6 Month46.12%
12 Month73.19%
2 Year29.12%
3 Year-5.62%
5 Year8.42%
10 Year-48.41%
15 Year-23.9%
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)-0.28
RSI(14)78.63
LBB23.07
UBB23.43
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 |
|---|---|---|---|
| 23.37 | 23.05 | 0.32 (1.37%) | 25.00% |
| An entry @23.37. This is a Buy Stop order right above the resistance zone. | An exit @23.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 1.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%. |
- The distance between exit and entry is rather small compared to the average daily movement of PRA. Please evaluate whether better entry and exit points can be found.
- 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.
23.19
-0.1 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.43%
1 Week0.22%
2 Weeks-0.64%
1 Month0.74%
3 Month51.87%
6 Month46.12%
12 Month73.19%
2 Year29.12%
3 Year-5.62%
5 Year8.42%
10 Year-48.41%
15 Year-23.9%
Volatility
ATR(14)0.23
ATR(20)%0.89%
ATR Inc-31.68%
Range Today0.15
ADR(20)0.2
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.38
Mansfield6.29
10 Day High23.7
10 Day Low22.9
20 Day High23.7
20 Day Low22.9
52 Week High23.7
52 Week Low10.76
CS1 End23.18
CR1 Start23.21
Volume & EV
DER(3)-1.67%
DER(5)-1.2%
Volume792.00K
Volume Incr-71.23%
Vol(5)590.20K
Vol(50)997.33K