Primoris Services (PRIM) Technical Analysis: Signals, Charts & Indicators

7.25 / 10

Outperform

Technically, PRIM shines with a 7.25/10 score. Dominant bullish indicators—Long Upper Shadow, Long Lower Shadow, and Marubozu White—outweigh neutral signals like RSI Overbought and Bearish Engulfing. Historical win rates for these patterns are encouraging (e.g., 100% for Long Upper Shadow), suggesting that momentum traders could exploit short-term rallies. However, the presence of RSI Overbought warns against chasing overextended moves without confirmation.

Analysis Checks(5/5)

Long Upper Shadow

Score8.17/10

Win Rate100.00%

Hist. Signals5

Avg Return2.68%

Long Lower Shadow

Score7.77/10

Win Rate64.71%

Hist. Signals17

Avg Return3.44%

RSI Overbought

Score6.99/10

Win Rate57.69%

Hist. Signals26

Avg Return1.93%

Bearish Engulfing

Score6.92/10

Win Rate66.67%

Hist. Signals12

Avg Return0.05%

Marubozu White

Score6.4/10

Win Rate60.00%

Hist. Signals15

Avg Return0.80%

Technical Analysis of PRIM?

PRIM presents a Outperform setup with a Technical Score of 7.25/10. Key technical indicators highlight an RSI of 65.11 and a MACD of 0.13, with the trend anchored by the 50-Day SMA at 135.59. Traders should monitor key support at 143.41 and resistance at 151.20.