(PRI) Investment Analysis and Advice

October 02, 2024, 10:50 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PRI

• Buy PRI near 257.2 target 274.05 stop loss @ 256.46 Details

The technical summary data tells us to buy PRI near 257.2 with an upside target of 274.05. This data also tells us to set a stop loss @ 256.46 to protect against excessive loss in case the stock begins to move against the trade. 257.2 is the first level of support below 267.52 , and by rule, any test of support is a buy signal. In this case, support 257.2 is being tested, a buy signal would exist.

• Short PRI slightly under 274.05, target 257.2, stop loss @ 274.84 Details

The technical summary data is suggesting a short of PRI as it gets near 274.05 with a downside target of 257.2. We should have a stop loss in place at 274.84though. 274.05 is the first level of resistance above 267.52, and by rule, any test of resistance is a short signal. In this case, if resistance 274.05 is being tested, a short signal would exist.

Swing Trading Plans for PRI

• Buy PRI slightly over 269.42, target 274.05, Stop Loss @ 268.64 Details

If 269.42 begins to break higher, the technical summary data tells us to buy PRI just slightly over 269.42, with an upside target of 274.05. The data also tells us to set a stop loss @ 268.64 in case the stock turns against the trade. 269.42 is the first level of resistance above 267.52, and by rule, any break above resistance is a buy signal. In this case, 269.42, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PRI slightly near 269.42, target 264.88, Stop Loss @ 270.2. Details

The technical summary data is suggesting a short of PRI if it tests 269.42 with a downside target of 264.88. We should have a stop loss in place at 270.2 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 269.42, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PRI

• Buy PRI slightly over 269.42, target 274.05, Stop Loss @ 268.79 Details

If 269.42 begins to break higher, the technical summary data tells us to buy PRI just slightly over 269.42, with an upside target of 274.05. The data also tells us to set a stop loss @ 268.79 in case the stock turns against the trade. 269.42 is the first level of resistance above 267.52, and by rule, any break above resistance is a buy signal. In this case, 269.42, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PRI slightly near 269.42, target 267.08, Stop Loss @ 270.05. Details

The technical summary data is suggesting a short of PRI if it tests 269.42 with a downside target of 267.08. We should have a stop loss in place at 270.05 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 269.42, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Primerica Inc. (PRI) available here: PRI.

PRI Ratings for October 02:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	238.76
P2	263.69	264.88	257.2
P3	267.08	269.42	274.05

AI Generated Signals for PRI

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Prudent Investment Analysis requires observations of the support and resistance levels for Primerica Inc. (NYSE: PRI) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for PRI change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if PRI is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for PRI too.  All of these are offered below the Summary Table.