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Archive - 3/21/2025 - Sign In to see current Signals. |
Principal Financial Group (PFG) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Principal Financial Group (PFG). During the week, the PFG climbed 0.48 points, or 0.58%, and closed at 83.26 on Friday, March 21, 2025. Weekly volume was 17% above average. PFG is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PFG long-term trend chart] A long-term uptrend had started on May 31, 2023 at 65.17 and reached 91.98 on October 17, 2024. PFG gained -26.81 points, or -41.14%, in 72 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 74.89 and resistance is at 93.20. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See PFG medium-term trend chart] A medium-term uptrend had started on December 20, 2024 at 74.52 and reached 90.31 on March 3, 2025. PFG gained -15.79 points, or -21.19%, in 10 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 81.59 and resistance is at 94.30. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PFG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See PFG short-term trend chart] A short-term downtrend had started on March 3, 2025 at 90.31 and reached 80.45 on March 13, 2025. PFG lost 9.86 points, or 10.92%, in 10 days. The price is now at the 28.50% retracement level.
Daily Technical Indicators: [See PFG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since March 5, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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