PRIMORIS SERVICES CORP (PRIM) Stock Technical Analysis
NYSE:PRIM - New York Stock Exchange, Inc. - US74164F1030 - Common Stock - Currency: USD
Overall PRIM gets a technical rating of 4 out of 10. Although PRIM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month PRIM has a been trading in the 65.36 - 88.22 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PRIM is one of the better performing stocks in the Construction & Engineering industry, it outperforms 79% of 49 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that PRIM is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by PRIM over the past year are nicely spread over this period. However, we also see that PRIM couldn't keep up this performance in the last couple of months.
PRIM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRIM is lagging the market.
PRIM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
58.56
76.49
When analyzing the support we notice one important area.
- Support @59.15 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 73.65 to 75.73. 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
CRS87.14
Mansfield0.3
10 Day High81.02
10 Day Low65.36
20 Day High88.22
20 Day Low65.36
52 Week High90.86
52 Week Low37
Performance
1 Week-11.42%
2 Weeks-17.07%
1 Month-24.91%
3 Month-20.45%
6 Month18.91%
12 Month65.42%
2 Year140.07%
3 Year150.36%
5 Year247.84%
10 Year219.71%
15 Year706.11%
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)-1.09
RSI(14)30.37
LBB66.59
UBB82.38
66.02
-1.78 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-2.63%
1 Week-11.42%
2 Weeks-17.07%
1 Month-24.91%
3 Month-20.45%
6 Month18.91%
12 Month65.42%
2 Year140.07%
3 Year150.36%
5 Year247.84%
10 Year219.71%
15 Year706.11%
Volatility
ATR(14)3.37
ATR(20)%6.14%
ATR Inc63.63%
Range Today4.53
ADR(20)3.53
ADR(20)%5.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.14
Mansfield0.3
10 Day High81.02
10 Day Low65.36
20 Day High88.22
20 Day Low65.36
52 Week High90.86
52 Week Low37
CS1 End59.15
CR1 Start73.65
Volume & EV
DER(3)-1.1%
DER(5)1.61%
Volume970.90K
Volume Incr32.54%
Vol(5)1.06M
Vol(50)737.60K