PREMIUM INCOME CORPORATION-A (PIC-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PIC-A - CA7409107819
Taking everything into account, PIC-A scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, PIC-A does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
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7.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.02 to 8.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.85 to 7.89. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @7.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.32 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 | NEUTRAL | NEUTRAL | The short term trend for PIC-A.CA is neutral. |
| ChartMill Relative Strength | 73.5 | POSITIVE | PIC-A.CA has a high relative strength, it outperformed 73.5% 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) | DOWN | NEGATIVE | The current price of PIC-A.CA is below a declining 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) | 50.52 | NEUTRAL | The RSI value for PIC-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PIC-A.CA has a negative trend. |
| Stochastics (14,3) | 33.03 | NEUTRAL | The Stochastics value for PIC-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for PIC-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.67 | NEUTRAL | The ADX value for PIC-A.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.10 | 8.01 | 0.09 (1.15%) | 25.00% |
| An entry @8.10. This is a Buy Stop order right above the 10 day moving average. | An exit @8.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.09 points, which is 1.15%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PIC-A. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:PIC-A (11/21/2025, 7:00:00 PM)
8.05
+0.02 (+0.25%)
PREMIUM INCOME CORPORATION-A / PIC-A.CA FAQ
Can you provide the ChartMill technical rating for PREMIUM INCOME CORPORATION-A?
ChartMill assigns a technical rating of 6 / 10 to PIC-A.CA.
What is the trend direction for PIC-A stock?
The current trend direction for PREMIUM INCOME CORPORATION-A (PIC-A.CA) is Bullish.
Can you provide the RSI signal for PREMIUM INCOME CORPORATION-A?
PREMIUM INCOME CORPORATION-A (PIC-A.CA) has an RSI value of 50.5242. This indicates that the stock is currently neutral.
What is the MACD signal for PREMIUM INCOME CORPORATION-A (PIC-A.CA) stock?
The MACD indicator for PREMIUM INCOME CORPORATION-A (PIC-A.CA) has a value of -0.00448841, indicating a bearish trend.
What are the support and resistance levels for PREMIUM INCOME CORPORATION-A (PIC-A.CA) stock?
PREMIUM INCOME CORPORATION-A (PIC-A.CA) has a support level at 8.03 and a resistance level at 8.32. Check the full technical report for our detailed analysis of PIC-A.CA support and resistance levels.