Stock Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Primo Water Corporation (TSE:PRMW)
Bear Market Rally (-75) - PRMW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PRMW as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for PRMW
The long-term trend has been DOWN since Mar 1st, 2021 at 18.12
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 19.61
The short-term trend has been UP since Mar 3rd, 2021 at 18.89
Smart Scan Analysis for PRMW
Based on our trend formula, PRMW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).