PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) Stock Technical Analysis
Canada - TSX:PIC-PR-A -
16.09 CAD
+0.06 (+0.37%)
Taking everything into account, PIC-PR-A scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PIC-PR-A is a bad performer.
61% of all other stocks performed better in the past year than PIC-PR-A.
Warning: PIC-PR-A has an average volume of 13789 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by PIC-PR-A, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month PIC-PR-A has a been trading in a tight range between 15.69 and 16.09.
Considerably lower volume is observed in the last couple of days.
PIC-PR-A has an average technical rating and it also does not offer a high quality setup 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
14.59
16.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.68 to 15.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.35 to 15.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.74 to 15.07. 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 16.10 to 16.10. 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 | 39.46 | 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) | 78.89 | OVERBOUGHT | The high RSI value suggests PIC-PR-A.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PIC-PR-A.CA has a positive trend. |
| Stochastics (14,3) | 94.88 | OVERBOUGHT | The high Stochastics value suggests PIC-PR-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for PIC-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.63 | POSITIVE | The high ADX value value for PIC-PR-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)
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31
TSX:PIC-PR-A (9/18/2025, 7:00:00 PM)
16.09
+0.06 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.37%
1 Week1.07%
2 Weeks1.32%
1 Month2.35%
3 Month2.48%
6 Month6.06%
12 Month7.12%
2 Year19.01%
3 Year15.76%
5 Year26.1%
10 Year6.2%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.44%
ATR Inc28.57%
Range Today0.09
ADR(20)0.06
ADR(20)%0.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.46
Mansfield-0.62
10 Day High16.09
10 Day Low15.8
20 Day High16.09
20 Day Low15.69
52 Week High16.09
52 Week Low14.02
CS1 End15.95
CR1 Start16.1
Volume & EV
DER(3)-52.12%
DER(5)-34.64%
Volume13.99K
Volume Incr-52.45%
Vol(5)7.00K
Vol(50)13.79K