We assign a technical rating of 0 out of 10 to PRS. PRS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PRS is a bad performer in the overall market: 99% of all stocks are doing better.
PRS is one of the lesser performing stocks in the Energy Equipment & Services industry. 91% of 35 stocks in the same industry do better.
PRS is currently trading near the lower end of its 52 week range, which is not a good sign. PRS is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: PRS has an average volume of 18612 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month PRS has a been trading in the 5.50 - 8.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.