PREMIUM INCOME CORPORATION-A (PIC-A.CA) Stock Technical Analysis
Canada - TSX:PIC-A - CA7409107819
8.25 CAD
-0.12 (-1.43%)
Taking everything into account, PIC-A scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PIC-A is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
PIC-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PIC-A has a been trading in the 7.10 - 8.38 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that PIC-A is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
PIC-A has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.47
8.46
2 important support areas can be observed.
- A support zone ranging from 8.22 to 8.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.55 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.38 to 8.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for PIC-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PIC-A.CA is up. |
| ChartMill Relative Strength | 75.3 | POSITIVE | PIC-A.CA has a high relative strength, it outperformed 75.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PIC-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIC-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIC-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.27 | OVERBOUGHT | The high RSI value suggests PIC-A.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PIC-A.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.25 | OVERBOUGHT | The high Stochastics value suggests PIC-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for PIC-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 57.55 | POSITIVE | The high ADX value value for PIC-A.CA suggests a strong 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:PIC-A (9/22/2025, 7:00:00 PM)
8.25
-0.12 (-1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.43%
1 Week-0.36%
2 Weeks4.83%
1 Month15.38%
3 Month31.37%
6 Month61.76%
12 Month28.44%
2 Year39.36%
3 Year-12.9%
5 Year64.43%
10 Year-4.39%
15 Year-25.05%
Volatility
ATR(14)0.17
ATR(20)%2.08%
ATR Inc-23.64%
Range Today0.11
ADR(20)0.16
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.3
Mansfield1.95
10 Day High8.38
10 Day Low7.83
20 Day High8.38
20 Day Low7.1
52 Week High8.38
52 Week Low4.73
CS1 End8.24
CR1 Start8.38
Volume & EV
DER(3)1.14%
DER(5)1.14%
Volume27.41K
Volume Incr37.43%
Vol(5)67.11K
Vol(50)55.21K