PRIMORIS SERVICES CORP (PRIM) Stock Technical Analysis
NYSE:PRIM - New York Stock Exchange, Inc. - US74164F1030 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PRIM. PRIM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
PRIM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
PRIM is part of the Construction & Engineering industry. There are 51 other stocks in this industry. PRIM outperforms 74% of them.
PRIM has an average volume of 1013450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PRIM turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
In the last month PRIM has a been trading in the 49.10 - 66.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PRIM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 56.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.91, a Stop Loss order could be placed below this zone.
More info and screens
52.12
59.18
When analyzing the support we notice one important area.
- A support zone ranging from 52.65 to 52.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.87 to 58.59. 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
CRS58.07
Mansfield-0.35
10 Day High60.31
10 Day Low49.1
20 Day High66.51
20 Day Low49.1
52 Week High90.86
52 Week Low43.57
Performance
1 Week0.05%
2 Weeks2.19%
1 Month-12.39%
3 Month-33.48%
6 Month-10.78%
12 Month29.68%
2 Year123.12%
3 Year143.53%
5 Year261.63%
10 Year193.55%
15 Year614.56%
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)0.54
RSI(14)41.29
LBB52.65
UBB60.44
56.45
-1.29 (-2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-2.23%
1 Week0.05%
2 Weeks2.19%
1 Month-12.39%
3 Month-33.48%
6 Month-10.78%
12 Month29.68%
2 Year123.12%
3 Year143.53%
5 Year261.63%
10 Year193.55%
15 Year614.56%
Volatility
ATR(14)3.79
ATR(20)%6.11%
ATR Inc-41.75%
Range Today2.18
ADR(20)3.09
ADR(20)%5.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.07
Mansfield-0.35
10 Day High60.31
10 Day Low49.1
20 Day High66.51
20 Day Low49.1
52 Week High90.86
52 Week Low43.57
CS1 End52.91
CR1 Start56.87
Volume & EV
DER(3)2.22%
DER(5)1.23%
Volume1.14M
Volume Incr-24.35%
Vol(5)771.00K
Vol(50)1.01M