PRIM.L Forecast and Technical Stock Analysis
Sell candidate since 2019-08-07
No changes to the price of Primoris Services Corp in the last trading day ( Monday, 19th Aug 2019 ). During the day the stock fluctuated 0.00% from a day low at £0.00 to a day high of £0.00. The price has been going up and down for this period, and there has been a -8.33% loss for the last 2 weeks.
- 30 day high of the PRIM.L stock price was £0.00 and low was £0.00.
- 90 day high was £0.00 and low was £0.00.
- 52 week high for Primoris Services Corp - £0.15 and low - £0.00.
Primoris Services Corp lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 11.36% during the next 3 months and, with 90% probability hold a price between £0.00 and £0.00 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday August 07, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Primoris Services Corp holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at £0.00 and £0.00. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 80 ]
RSI14 is 50 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 behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at £0.00 and £0.00.
With no support from accumulated volume below today's level the risk is increased, as a drop below the support at £0.00 may give a huge drop in the stock price.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 6.00%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
6.00 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!