Technical Analysis for PRMW - Primo Water Corporation

Grade Last Price % Change Price Change
A 17.76 2.19% 0.38
PRMW closed up 2.19 percent on Monday, March 18, 2024, on 1.21 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Walk Strength 2.19%
Inside Day Range Contraction 2.19%
Overbought Stochastic Strength 2.19%
Gapped Down Weakness 2.19%
New 52 Week High Strength 1.78%
Upper Bollinger Band Walk Strength 1.78%

   Recent Intraday Alerts

Alert Time
Up 1 ATR about 16 hours ago
Up 2% about 17 hours ago
60 Minute Opening Range Breakout about 17 hours ago
New 52 Week High about 17 hours ago
Rose Above Previous Day's High about 18 hours ago

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Profile

Primo Water Corporation Description

Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-serve filtered drinking water, and water dispensers in the United States and Canada. The company operates through two segments, Primo Water and Primo Dispensers. The Primo Water segment offers multi-gallon purified bottled water or self-serve filtered drinking water vending service through retailers. The Primo Dispensers segment sells water dispensers that are designed to dispense Primo and other dispenser-compatible bottled water. This segment also designs, markets, and arranges for certification and inspection of its water dispensers. As of December 31, 2012, the company's products and services were offered at approximately 24,500 combined retail locations. Primo Water Corporation was founded in 2004 and is headquartered in Winston-Salem, North Carolina.


Classification

Sector: Consumer Defensive
Industry: Beverages - Soft Drinks
Keywords: Drink Drinking Water Bottled Water

Is PRMW 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 17.79
52 Week Low 12.0635
Average Volume 999,587
200-Day Moving Average 14.29
50-Day Moving Average 15.33
20-Day Moving Average 16.33
10-Day Moving Average 16.90
Average True Range 0.38
RSI (14) 79.59
ADX 24.11
+DI 34.28
-DI 9.83
Chandelier Exit (Long, 3 ATRs) 16.65
Chandelier Exit (Short, 3 ATRs) 15.16
Upper Bollinger Bands 17.88
Lower Bollinger Band 14.77
Percent B (%b) 0.96
BandWidth 19.01
MACD Line 0.65
MACD Signal Line 0.52
MACD Histogram 0.1275
Fundamentals Value
Market Cap 2.83 Billion
Num Shares 159 Million
EPS 0.73
Price-to-Earnings (P/E) Ratio 24.33
Price-to-Sales 1.02
Price-to-Book 1.81
PEG Ratio 1.77
Dividend 0.31
Dividend Yield 1.75%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.42
Resistance 3 (R3) 18.36 18.07 18.31
Resistance 2 (R2) 18.07 17.91 18.11 18.27
Resistance 1 (R1) 17.92 17.80 18.00 17.98 18.24
Pivot Point 17.63 17.63 17.67 17.67 17.63
Support 1 (S1) 17.48 17.47 17.56 17.54 17.28
Support 2 (S2) 17.19 17.36 17.23 17.25
Support 3 (S3) 17.04 17.19 17.21
Support 4 (S4) 17.10