Stock Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Primo Water Corporation (TSE:PRMW)
Weak Downtrend (-65) - PRMW is showing signs of a strengthening downtrend. Monitor PRMW as it may be building momentum to the downside.
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 UP since Nov 4th, 2021 at 22.70
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 21.63
The short-term trend has been DOWN since Jan 24th, 2022 at 21.19
Smart Scan Analysis for PRMW
Based on our trend formula, PRMW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).