PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:PIC-PR-A
Taking everything into account, PIC-PR-A scores 5 out of 10 in our technical rating. Although PIC-PR-A is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 65% of all other stocks performed better in the past year than PIC-PR-A.
- Warning: PIC-PR-A has an average volume of 19635 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- PIC-PR-A is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PIC-PR-A is lagging the market slightly.
- In the last month PIC-PR-A has a been trading in a tight range between 16.15 and 16.53.
- Volume is considerably higher in the last couple of days.
PIC-PR-A has an average technical rating and also 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
14.60
3 important support areas can be observed.
- A support zone ranging from 16.12 to 16.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.42 to 15.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.75 to 14.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.60 to 16.75. 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-PR-A.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PIC-PR-A.CA is neutral. |
| ChartMill Relative Strength | 35.58 | NEUTRAL | PIC-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PIC-PR-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIC-PR-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIC-PR-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.31 | NEUTRAL | The RSI value for PIC-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PIC-PR-A.CA has a positive trend. |
| Stochastics (14,3) | 83.64 | OVERBOUGHT | The high Stochastics value suggests PIC-PR-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for PIC-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for PIC-PR-A.CA suggests a possible start of a new trend. |
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31
TSX:PIC-PR-A (2/6/2026, 7:00:00 PM)
16.5
+0.01 (+0.06%)
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 / PIC-PR-A.CA FAQ
What is the technical rating for PIC-PR-A stock?
ChartMill assigns a technical rating of 5 / 10 to PIC-PR-A.CA.
What is the current trend direction of PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) stock?
The current trend direction for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) is Bullish.
What is the RSI signal for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) stock?
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has an RSI value of 58.3146. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31?
The short term momentum for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) is neutral.
What are the support and resistance levels for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) stock?
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has a support level at 16.45 and a resistance level at 16.6. Check the full technical report for our detailed analysis of PIC-PR-A.CA support and resistance levels.