Weaker Buy Today PFG ranks #159 as BUY CANDIDATE #159 Stronger Buy

PFG stock forecast Principal Financial Group Inc

PFG stock forecast

VOLUME
Buy
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

PFG Forecast and Technical Stock Analysis

Buy candidate since 2019-07-18

Principal Financial Group Inc gained 2.23% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $58.40 to $59.70 During day the stock fluctuated 2.52% from a day low at $58.31 to a day high of $59.78. The price has risen in 6 of the last 10 days and is up by 1.79% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.51 million more shares were traded than the day before. In total, 1.44 million shares bought and sold for approximately $86.07 million.

Quick summary:

  • 30 day high of the PFG stock price was $59.78 and low was $54.87.
  • 90 day high was $59.78 and low was $51.36.
  • 52 week high for the Principal Financial Group Inc - $61.12 and low - $40.42.
Top Trending Stocks

Trend

Principal Financial Group Inc lies in the upper part of a wide and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $60.14 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 5.16% during the next 3 months and, with 90% probability hold a price between $55.91 and $63.24 at the end of this period.

Top Golden Star Stocks

Signals

Only positive signals in the chart today. Principal Financial Group Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $58.74 and $56.65. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday July 02, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 67 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

Principal Financial Group Inc finds support from accumulated volume at $57.63.

Support: $57.63 Price: $59.70

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.47 (2.52%) between high and low. For the last week, the stock has had a daily average volatility of 1.66%.

Our recommended stoploss: $56.57 (-5.24%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 11 days ago.)

1.66 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Strong Buy Candidate Upgraded

Evaluation

Principal Financial Group Inc holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Strong Buy Candidate.

Weaker Buy Today PFG ranks #159 as BUY CANDIDATE #159 Stronger Buy

Will PFG stock price go up or down on Mon, 22 Jul 2019?

Predict
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at

ROCKIT