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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Primo Water Corporation (NYSE:PRMW)

Sidelines Mode (-55) - PRMW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PRMW?

MarketClub looks at technical strength and momentum to determine if the timing is right for PRMW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_PRMW
Open High Low PRMW Price Change
24.680 26.020 23.640 24.185 -0.255
Entry Signal

MarketClub’s Trade Triangles for PRMW

long term up The long-term trend has been UP since Aug 10th, 2023 at 15.469

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2024 at 25.700

short term up The short-term trend has been UP since Nov 4th, 2024 at 27.020

Smart Scan Analysis for PRMW

Based on our trend formula, PRMW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PRMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.680 26.020 23.640 24.185 -0.255
Prev. Close Volume Bid Ask Time
24.210 9322150 2024-11-08 15:59:23
52wk High28.0652wk High Date2024-10-22
52wk Low14.0652wk Low Date2024-01-17
Average Volume2,694,723Shares Outstanding160,396
Assets356,310,000MLiabilities208,020,000M
P/E Ratio15.4204
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