PREMIUM GLOBAL INCOME SPLIT (PGIC.CA) Stock Technical Analysis
TSX:PGIC - Toronto Stock Exchange - CA74061M1023 - Currency: CAD
We assign a technical rating of 0 out of 10 to PGIC. PGIC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PGIC is a bad performer in the overall market: 82% of all stocks are doing better.
PGIC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: PGIC has an average volume of 14787 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month PGIC has a been trading in a tight range between 5.89 and 6.20.
PGIC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.85, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.69
7.64
We found 1 important support area.
- A support zone ranging from 5.75 to 5.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.98 to 6.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.07 from a horizontal line in the daily time frame.
- Resistance @7.56 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PGIC.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGIC.CA is neutral. |
| ChartMill Relative Strength | 18.71 | NEGATIVE | PGIC.CA has a low relative strength, it was outperformed by 81.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PGIC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PGIC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PGIC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.3 | NEUTRAL | The RSI value for PGIC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PGIC.CA has a negative trend. |
| Stochastics (14,3) | 37.63 | NEUTRAL | The Stochastics value for PGIC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for PGIC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.77 | NEGATIVE | The low ADX value for PGIC.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:PGIC (7/31/2025, 7:00:00 PM)
5.97
-0.07 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.16%
1 Week-0.83%
2 Weeks-1.32%
1 Month0%
3 Month-1.65%
6 Month-16.62%
12 Month-8.85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.16%
ATR Inc64.29%
Range Today0.17
ADR(20)0.07
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.71
Mansfield-1.89
10 Day High6.14
10 Day Low5.97
20 Day High6.2
20 Day Low5.89
52 Week High7.8
52 Week Low5.61
CS1 End5.85
CR1 Start5.98
Volume & EV
DER(3)0.42%
DER(5)1.14%
Volume15.76K
Volume Incr-22.04%
Vol(5)11.97K
Vol(50)14.79K