PRIMO BRANDS CORP (PRMB) Stock Technical Analysis
NYSE:PRMB - New York Stock Exchange, Inc. - US7416231022 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PRMB. PRMB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, PRMB is a bad performer in the overall market: 100% of all stocks are doing better.
PRMB is part of the Beverages industry. There are 32 other stocks in this industry, of which 93% are performing better than PRMB.
In the last month PRMB has a been trading in the 30.39 - 35.25 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
PRMB has an average volume of 2165310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PRMB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 31.60, a Stop Loss order could be placed below this zone.
More info and screens
31.28
31.93
When analyzing the support we notice one important area.
- A support zone ranging from 31.60 to 31.60. 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
CRS0
Mansfield-30
10 Day High35.25
10 Day Low30.39
20 Day High35.25
20 Day Low30.39
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-6.17%
2 Weeks-7.22%
1 Month-5.75%
3 Month3.54%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
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)-0.29
RSI(14)37.43
LBB31.68
UBB34.78
31.61
-0.77 (-2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-2.38%
1 Week-6.17%
2 Weeks-7.22%
1 Month-5.75%
3 Month3.54%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.41
ATR(20)%3.86%
ATR Inc37.35%
Range Today2.16
ADR(20)1.21
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High35.25
10 Day Low30.39
20 Day High35.25
20 Day Low30.39
52 Week HighN/A
52 Week LowN/A
CS1 End31.6
CR1 StartN/A
Volume & EV
DER(3)-3.18%
DER(5)-1.57%
Volume3.62M
Volume Incr34.07%
Vol(5)3.09M
Vol(50)2.17M