PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) Stock Technical Analysis
Canada - TSX:PIC-PR-A -
We assign a technical rating of 7 out of 10 to PIC-PR-A. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PIC-PR-A is only an average performer.
Although PIC-PR-A has an excellent technical rating, the quality of the presented setup is not ideal 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
We found 3 important support areas.
- A support zone ranging from 16.10 to 16.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.34 to 15.60. 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.
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 | UP | POSITIVE | The short term trend for PIC-PR-A.CA is up. |
| ChartMill Relative Strength | 45.93 | 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) | 65.44 | NEUTRAL | The RSI value for PIC-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PIC-PR-A.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.6 | OVERBOUGHT | The high Stochastics value suggests PIC-PR-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for PIC-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.78 | POSITIVE | The high ADX value value for PIC-PR-A.CA suggests a strong 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 |
|---|---|---|---|
| 16.54 | 16.10 | 0.44 (2.66%) | 25.00% |
| An entry @16.54. This is a Buy Stop order right above the resistance zone. | An exit @16.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.44 points, which is 2.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- 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.
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31
TSX:PIC-PR-A (11/5/2025, 7:00:00 PM)
16.58
+0.05 (+0.3%)
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 7 / 10 to PIC-PR-A.CA.
Can you provide the trend direction for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31?
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 65.4401. This indicates that the stock is currently neutral.
What is the MACD signal for PIC-PR-A stock?
The MACD indicator for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has a value of 0.0227363, indicating a bearish trend.
What is the buy/sell signal for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) stock?
The buy/sell signal for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) is buy as both the short term and long term trends are positive.