Technical Analysis for PRIM - Primoris Services Corporation

Grade Last Price % Change Price Change
B 42.57 1.36% 0.57
PRIM closed up 1.36 percent on Thursday, March 28, 2024, on 1.19 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 1.36%
Pocket Pivot Bullish Swing Setup 1.36%

   Recent Intraday Alerts

Alert Time
Up 1 ATR about 20 hours ago
Up 2% about 20 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Fell Below Upper Bollinger Band about 22 hours ago
Rose Above Previous Day's High about 22 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Primoris Services Corporation Description

Primoris Services Corporation, a specialty contractor and infrastructure company, provides a range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services in the United States and internationally. It operates in three segments: the East Construction Services, the West Construction Services and the Engineering. The company offers construction services, including installation of underground pipeline, cable, and conduits, as well as installation and maintenance of industrial facilities for petroleum, petrochemical, and water industries; installation of complex commercial and industrial cast-in-place structures; and construction of highways, as well as industrial and environmental constructions. It also engages in designing, supplying, and installing high-performance furnaces, heaters, burner management systems, and related combustion and process technologies for clients in the oil refining, petrochemical, and power generation industries, as well as furnishes turnkey project management services and delivers custom engineering solutions. The company serves public utilities, petrochemical companies, energy companies, municipalities, state departments of transportation, and other customers. Primoris Services Corporation is headquartered in Dallas, Texas.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Engineering Services Project Management Construction Services Combustion Conduit Public Utilities Project Management Services Oil Refining Process Technologies Burner Management Systems Turnkey Project Management Services

Is PRIM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 43.06
52 Week Low 23.3146
Average Volume 459,029
200-Day Moving Average 33.19
50-Day Moving Average 37.87
20-Day Moving Average 40.57
10-Day Moving Average 41.00
Average True Range 1.00
RSI (14) 68.85
ADX 18.76
+DI 34.30
-DI 16.73
Chandelier Exit (Long, 3 ATRs) 40.06
Chandelier Exit (Short, 3 ATRs) 40.88
Upper Bollinger Bands 42.34
Lower Bollinger Band 38.81
Percent B (%b) 1.07
BandWidth 8.69
MACD Line 1.03
MACD Signal Line 1.02
MACD Histogram 0.006
Fundamentals Value
Market Cap 2.27 Billion
Num Shares 53.4 Million
EPS 2.40
Price-to-Earnings (P/E) Ratio 17.74
Price-to-Sales 0.36
Price-to-Book 1.67
Dividend 0.24
Dividend Yield 0.56%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.91
Resistance 3 (R3) 43.92 43.49 43.68
Resistance 2 (R2) 43.49 43.15 43.48 43.61
Resistance 1 (R1) 43.03 42.94 43.26 43.02 43.53
Pivot Point 42.60 42.60 42.72 42.59 42.60
Support 1 (S1) 42.14 42.26 42.37 42.13 41.61
Support 2 (S2) 41.71 42.05 41.70 41.53
Support 3 (S3) 41.25 41.71 41.46
Support 4 (S4) 41.24