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PORCH GROUP INC (PRCH) Stock Technical Analysis

NASDAQ:PRCH - Nasdaq - US7332451043 - Common Stock - Currency: USD

4.53  -0.11 (-2.37%)

After market: 4.53 0 (0%)

Technical Rating and Analysis

6

Overall PRCH gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PRCH is one of the better performing stocks in the Software industry, it outperforms 83% of 284 stocks in the same industry.
PRCH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PRCH is lagging the market slightly.
PRCH has an average volume of 2038770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PRCH did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month PRCH has a been trading in the 3.99 - 5.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PORCH GROUP INC / PRCH Weekly stock chart
PORCH GROUP INC / PRCH Daily stock chart
Setup Rating and Analysis

6

PRCH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.40, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

4.10

4.77

We found 2 important support areas.

  • A support zone ranging from 4.37 to 4.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.14 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 4.65 to 4.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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
CRS94
Mansfield4.31
10 Day High4.79
10 Day Low3.99
20 Day High5.25
20 Day Low3.99
52 Week High6.04
52 Week Low1.05
Performance
1 Week9.16%
2 Weeks0%
1 Month-13.55%
3 Month25.14%
6 Month253.91%
12 Month90.34%
2 Year81.2%
3 Year-44.07%
5 YearN/A
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
RSI(14)49.39
LBB4.14
UBB4.76
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
4.734.360.37 (7.82%)12.78%
An entry @4.73. This is a Buy Stop order right above the resistance zone.An exit @4.36. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.37 points, which is 7.82%.When investing 12.78% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of PRCH. 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.
PORCH GROUP INC / PRCH Daily stock chart

PORCH GROUP INC

NASDAQ:PRCH (2/5/2025, 4:30:01 PM)

After market: 4.53 0 (0%)

4.53

-0.11 (-2.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.37%
1 Week9.16%
2 Weeks0%
1 Month-13.55%
3 Month25.14%
6 Month253.91%
12 Month90.34%
2 Year81.2%
3 Year-44.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%7.85%
ATR Inc-1.17%
Range Today0.26
ADR(20)0.34
ADR(20)%7.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94
Mansfield4.31
10 Day High4.79
10 Day Low3.99
20 Day High5.25
20 Day Low3.99
52 Week High6.04
52 Week Low1.05
CS1 End4.4
CR1 Start4.65
Volume & EV
DER(3)0.2%
DER(5)2.29%
Volume844.82K
Volume Incr-15.7%
Vol(5)1.07M
Vol(50)2.04M