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Stock Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Primo Water Corporation (TSE:PRMW)

Long-Term Downtrend (-90) - PRMW is in a strong downtrend that is likely to continue. While PRMW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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TSE_PRMW
Open High Low PRMW Price Change
19.62 19.80 19.57 19.64 +0.22
Entry Signal

MarketClub’s Trade Triangles for PRMW

long term down The long-term trend has been DOWN since Mar 17th, 2023 at 19.63

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 20.55

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 19.76

Smart Scan Analysis for PRMW

Based on our trend formula, PRMW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PRMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.62 19.80 19.57 19.64 +0.22
Prev. Close Volume Bid Ask Time
19.65 67393 2023-03-21 15:59:39
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