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 -
Overall PIC-PR-A gets a technical rating of 1 out of 10. PIC-PR-A performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, PIC-PR-A is a bad performer in the overall market: 70% of all stocks are doing better.
- Warning: PIC-PR-A has an average volume of 16053 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month PIC-PR-A has a been trading in a tight range between 16.15 and 16.75.
- Volume is considerably higher in the last couple of days.
The technical rating of PIC-PR-A is bad and it also does not present a 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
When analyzing the support we can see 3 important areas.
- Support @16.12 from a horizontal line in the daily time frame.
- A support zone ranging from 15.39 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 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 16.32 to 16.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for PIC-PR-A.CA is down. |
| ChartMill Relative Strength | 30.91 | NEUTRAL | PIC-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PIC-PR-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PIC-PR-A.CA is below a declining 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) | 35.94 | NEUTRAL | The RSI value for PIC-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PIC-PR-A.CA has a negative trend. |
| Stochastics (14,3) | 15.79 | OVERSOLD | The low Stochastics value suggests PIC-PR-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for PIC-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.47 | 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 (1/23/2026, 7:00:00 PM)
16.18
+0 (+0.03%)
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 1 / 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 35.9411. 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 negative.
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 16.12 and a resistance level at 16.32. Check the full technical report for our detailed analysis of PIC-PR-A.CA support and resistance levels.