PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) Technical Analysis
TSX:PIC-PR-A
Current stock price
PIC-PR-A.CA Technical Rating and Analysis
Taking everything into account, PIC-PR-A scores 7 out of 10 in our technical rating. Although PIC-PR-A is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: PIC-PR-A has an average volume of 25289 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- PIC-PR-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, PIC-PR-A outperforms 42% of them, which is more or less in line with the market.
- In the last month PIC-PR-A has a been trading in a tight range between 16.28 and 16.74.
- Considerably lower volume is observed in the last couple of days.
PIC-PR-A.CA Weekly and Daily overview Charts
PIC-PR-A.CA Setup Rating and Analysis
PIC-PR-A has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.60, a Stop Loss order could be placed below this zone.
More info and screens
PIC-PR-A.CA Support and Resistance Analysis
14.60
We found 2 important support areas.
- A support zone ranging from 16.12 to 16.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.75 to 14.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 16.66 to 16.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
PIC-PR-A.CA Technical Indicator Signal Analysis
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 | 42.44 | 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) | 60.01 | NEUTRAL | The RSI value for PIC-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PIC-PR-A.CA has a positive trend. |
| Stochastics (14,3) | 70.66 | NEUTRAL | The Stochastics value for PIC-PR-A.CA is a neutral value. |
| 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) | 19.08 | NEGATIVE | The low ADX value for PIC-PR-A.CA suggests a weak or negative trend. |
PIC-PR-A.CA Chart- and CandleStick Pattern Analysis
PIC-PR-A.CA Example Setup
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 |
|---|---|---|---|
| 16.76 | 16.42 | 0.34 (2.03%) | 25.00% |
| An entry @16.76. This is a Buy Stop order right above the resistance zone. | An exit @16.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 2.03%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
PIC-PR-A.CA Technicals: Chart, Performance Metrics, Trend & Indicators
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31
TSX:PIC-PR-A (4/24/2026, 7:00:00 PM)
16.65
+0.05 (+0.3%)
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 / PIC-PR-A.CA TA FAQ
What is the technical rating for PIC-PR-A stock?
ChartMill assigns a technical rating of 7 / 10 to PIC-PR-A.CA.
What is the trend direction for PIC-PR-A stock?
The current trend direction for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) is Bullish.
Can you provide the RSI signal for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31?
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has an RSI value of 60.0108. This indicates that the stock is currently neutral.
What is the MACD signal for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) stock?
The MACD indicator for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has a value of 0.0100128, indicating a bearish trend.
Can you provide the buy/sell signal for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31?
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.