The Hourly View for PFG
At the time of this writing, PFG (Get Ratings)’s price is down $-0.33 (-0.51%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
PFG ranks 69th in terms of today’s price percentage change out of Insurance stocks.
PFG’s Technical Outlook on the Daily Chart
Currently, PFG’s price is down $-0.24 (-0.37%) from the day prior. This is the 2nd day in a row PFG has seen its price head down. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Principal Financial Group Inc’s price action over the past 90 days can be seen via the chart below.