Technical Analysis for PRMW - Primo Water Corporation

Grade Last Price % Change Price Change
C 21.24 -2.84% -0.62
PRMW closed down 2.84 percent on Monday, July 1, 2024, on 1.23 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Outside Day Range Expansion -2.84%
Gapped Up Strength -2.84%
Oversold Stochastic Weakness -2.84%
Stochastic Buy Signal Bullish -4.11%
NR7 Range Contraction -4.11%

   Recent Intraday Alerts

Alert Time
50 DMA Support about 9 hours ago
Down 3% about 9 hours ago
Fell Below 50 DMA about 9 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Down 1 ATR about 9 hours ago

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Profile

Primo Water Corporation Description

Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-serve filtered drinking water, and water dispensers in the United States and Canada. The company operates through two segments, Primo Water and Primo Dispensers. The Primo Water segment offers multi-gallon purified bottled water or self-serve filtered drinking water vending service through retailers. The Primo Dispensers segment sells water dispensers that are designed to dispense Primo and other dispenser-compatible bottled water. This segment also designs, markets, and arranges for certification and inspection of its water dispensers. As of December 31, 2012, the company's products and services were offered at approximately 24,500 combined retail locations. Primo Water Corporation was founded in 2004 and is headquartered in Winston-Salem, North Carolina.


Classification

Sector: Consumer Defensive
Industry: Beverages - Soft Drinks
Keywords: Drink Drinking Water Bottled Water

Is PRMW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 25.605
52 Week Low 12.0159
Average Volume 1,519,186
200-Day Moving Average 16.61
50-Day Moving Average 21.27
20-Day Moving Average 22.39
10-Day Moving Average 22.04
Average True Range 0.60
RSI (14) 39.39
ADX 52.55
+DI 29.73
-DI 20.10
Chandelier Exit (Long, 3 ATRs) 23.80
Chandelier Exit (Short, 3 ATRs) 22.91
Upper Bollinger Bands 23.27
Lower Bollinger Band 21.50
Percent B (%b) -0.15
BandWidth 7.92
MACD Line 0.08
MACD Signal Line 0.30
MACD Histogram -0.2159
Fundamentals Value
Market Cap 3.39 Billion
Num Shares 159 Million
EPS 0.73
Price-to-Earnings (P/E) Ratio 29.10
Price-to-Sales 1.02
Price-to-Book 1.81
PEG Ratio 1.77
Dividend 0.31
Dividend Yield 1.46%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.40
Resistance 3 (R3) 22.49 22.18 22.21
Resistance 2 (R2) 22.18 21.89 22.14 22.14
Resistance 1 (R1) 21.71 21.70 21.56 21.63 22.08
Pivot Point 21.41 21.41 21.33 21.37 21.41
Support 1 (S1) 20.94 21.11 20.79 20.85 20.40
Support 2 (S2) 20.63 20.93 20.59 20.34
Support 3 (S3) 20.16 20.63 20.27
Support 4 (S4) 20.08