Should You Buy Primis Financial Corp (FRST) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
FRST is not a good buy today for a beginner long-term investor who doesn’t want to wait for a cleaner setup. The chart is weakening short-term (bearish/expanding MACD) and the next major catalyst is earnings after-hours today (2026-01-29), so the near-term entry is not attractive despite strong recent quarter growth and price sitting near support.
Technical Analysis
Price/levels: FRST closed at 13.26 (-1.78%), trading just below S1 (13.31) and above S2 (13.05). That puts it near a support zone, but it has not shown a confirmed bounce.
Trend: Moving averages are structurally bullish (SMA_5 > SMA_20 > SMA_200), suggesting the longer trend is still up, but momentum is currently deteriorating.
Momentum: MACD histogram is -0.0786 (below zero) and negatively expanding, indicating bearish momentum is strengthening. RSI(6)=37.5 is weak/near-oversold but not a clear reversal signal.
Near-term path: Pivot resistance is 13.73; until price reclaims the pivot, upside attempts are more likely to stall (R1 14.15).
Pattern-based odds: Similar-pattern stats suggest ~70% chance of -0.66% next day, but +1.91% next week and +1.73% next month—mildly constructive beyond the very short term.
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.