PERIMETER SOLUTIONS INC (PRM) Stock Technical Analysis
NYSE:PRM - US71385M1071 - Common Stock
19.48 USD
+0.79 (+4.23%)
19.48 USD
0 (0%)
We assign a technical rating of 10 out of 10 to PRM. Both in the recent history as in the last year, PRM 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!
Looking at the yearly performance, PRM did better than 95% of all other stocks.
PRM is one of the better performing stocks in the Chemicals industry, it outperforms 95% of 84 stocks in the same industry.
PRM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PRM has a been trading in the 15.43 - 19.64 range, which is quite wide. It is currently trading near the high of this range.
PRM has an average volume of 1154950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although PRM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.72
19.67
3 important support areas can be observed.
- A support zone ranging from 18.42 to 18.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.93 from a trend line in the daily time frame.
- Support @10.83 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRM is up. |
| ChartMill Relative Strength | 95.02 | POSITIVE | PRM has a high relative strength, it outperformed 95.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.15 | OVERBOUGHT | The high RSI value suggests PRM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PRM has a positive trend. |
| Stochastics (14,3) | 94.37 | OVERBOUGHT | The high Stochastics value suggests PRM may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for PRM suggests some volalility. |
| Average Directional Index/ADX (14) | 41.8 | POSITIVE | The high ADX value value for PRM suggests a strong trend. |
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)
19.48
+0.79 (+4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg4.23%
1 Week4.96%
2 Weeks8.22%
1 Month15.54%
3 Month66.07%
6 Month94.8%
12 Month75.5%
2 Year229.61%
3 Year99.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%3.08%
ATR Inc4.34%
Range Today0.96
ADR(20)0.57
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.02
Mansfield3.95
10 Day High19.65
10 Day Low17.6
20 Day High19.65
20 Day Low15.43
52 Week High19.65
52 Week Low8.76
CS1 End18.53
CR1 StartN/A
Volume & EV
DER(3)3.08%
DER(5)1.96%
Volume1.29M
Volume Incr-12.94%
Vol(5)968.72K
Vol(50)1.15M