PERIMETER SOLUTIONS INC (PRM) Stock Technical Analysis
NYSE:PRM - New York Stock Exchange, Inc. - LU2391723694 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PRM. Although PRM 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 PRM has a been trading in the 9.87 - 13.67 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.
PRM is one of the better performing stocks in the Chemicals industry, it outperforms 89% of 85 stocks in the same industry.
PRM has an average volume of 1172930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, PRM did better than 87% of all other stocks. However, we also see that PRM couldn't keep up this performance in the last couple of months.
PRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRM is lagging the market.
The technical rating of PRM is bad and it also does not present a 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
9.90
14.22
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.60 to 11.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @13.19 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.97 to 14.08. This zone is formed by a combination of multiple trend lines 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
CRS87.98
Mansfield-0.84
10 Day High12.5
10 Day Low9.87
20 Day High13.67
20 Day Low9.87
52 Week High14.44
52 Week Low5.51
Performance
1 Week-16.32%
2 Weeks-17.01%
1 Month-26.09%
3 Month-23.84%
6 Month-9.91%
12 Month72.41%
2 Year16.82%
3 Year-19.81%
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)-0.17
RSI(14)21.86
LBB10.59
UBB12.86
10
-0.82 (-7.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-7.58%
1 Week-16.32%
2 Weeks-17.01%
1 Month-26.09%
3 Month-23.84%
6 Month-9.91%
12 Month72.41%
2 Year16.82%
3 Year-19.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%4.78%
ATR Inc342.18%
Range Today1.25
ADR(20)0.46
ADR(20)%4.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.98
Mansfield-0.84
10 Day High12.5
10 Day Low9.87
20 Day High13.67
20 Day Low9.87
52 Week High14.44
52 Week Low5.51
CS1 EndN/A
CR1 Start11.6
Volume & EV
DER(3)-1.57%
DER(5)-0.84%
Volume1.92M
Volume Incr22.95%
Vol(5)1.17M
Vol(50)1.17M