PRIMARIS REIT (PMZ-UN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PMZ-UN - CA74167K1093 - REIT
Taking everything into account, PMZ-UN scores 8 out of 10 in our technical rating. Although PMZ-UN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- PMZ-UN 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.
- In the last month PMZ-UN has a been trading in the 15.41 - 17.01 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, PMZ-UN outperforms 54% of them, which is more or less in line with the market.
- PMZ-UN is an average performer in the Diversified REITs industry, it outperforms 64% of 38 stocks in the same industry.
PMZ-UN 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 16.91. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.37
We found 2 important support areas.
- A support zone ranging from 15.11 to 15.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.52 to 14.79. 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 16.91 to 16.91. 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 PMZ-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PMZ-UN.CA is up. |
| ChartMill Relative Strength | 54.27 | NEUTRAL | PMZ-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PMZ-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PMZ-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PMZ-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.21 | OVERBOUGHT | The high RSI value suggests PMZ-UN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PMZ-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.9 | OVERBOUGHT | The high Stochastics value suggests PMZ-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for PMZ-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 40.48 | POSITIVE | The high ADX value value for PMZ-UN.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 |
|---|---|---|---|
| 16.92 | 16.61 | 0.31 (1.83%) | 25.00% |
| An entry @16.92. This is a Buy Stop order right above the resistance zone. | An exit @16.61. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 1.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
- The distance between exit and entry is rather small compared to the average daily movement of PMZ-UN. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:PMZ-UN (1/23/2026, 7:00:00 PM)
16.9
+0.07 (+0.42%)
PRIMARIS REIT / PMZ-UN.CA FAQ
What is the ChartMill technical rating of PRIMARIS REIT (PMZ-UN.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to PMZ-UN.CA.
What is the current trend direction of PRIMARIS REIT (PMZ-UN.CA) stock?
The current trend direction for PRIMARIS REIT (PMZ-UN.CA) is Bullish.
What is the RSI signal for PMZ-UN stock?
PRIMARIS REIT (PMZ-UN.CA) has an RSI value of 71.2069. This indicates that the stock is currently overbought.
What is the MACD signal for PMZ-UN stock?
The MACD indicator for PRIMARIS REIT (PMZ-UN.CA) has a value of 0.00138437, indicating a bearish trend.
Can you provide the support and resistance levels for PRIMARIS REIT?
PRIMARIS REIT (PMZ-UN.CA) has a support level at 15.9 and a resistance level at 16.91. Check the full technical report for our detailed analysis of PMZ-UN.CA support and resistance levels.