PRIMARIS REIT (PMZ-UN.CA) Stock Technical Analysis
TSX:PMZ-UN - Toronto Stock Exchange - CA74167K1093 - REIT - Currency: CAD
We assign a technical rating of 6 out of 10 to PMZ-UN. In the last year, PMZ-UN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
PMZ-UN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PMZ-UN is performing more or less in line with the market.
In the last month PMZ-UN has a been trading in the 13.97 - 15.58 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 63% 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 56% of 38 stocks in the same industry.
PMZ-UN has an average technical rating and the quality of the presented setup is also 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
13.62
16.61
We found 2 important support areas.
- A support zone ranging from 14.64 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.76 to 13.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.48 to 15.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 16.25 to 16.45. 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 | 63.49 | 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) | 66.07 | NEUTRAL | The RSI value for PMZ-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PMZ-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.26 | NEUTRAL | The Stochastics value for PMZ-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for PMZ-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.43 | POSITIVE | The high ADX value value for PMZ-UN.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)
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 |
|---|---|---|---|
| 15.81 | 14.76 | 1.05 (6.64%) | 15.06% |
| An entry @15.81. This is a Buy Stop order right above the resistance zone. | An exit @14.76. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.05 points, which is 6.64%. | When investing 15.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (5/30/2025, 7:00:00 PM)
15.34
-0.02 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.13%
1 Week2.27%
2 Weeks2.13%
1 Month7.65%
3 Month-2.85%
6 Month-4.84%
12 Month15.77%
2 Year21.84%
3 Year8.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.71%
ATR Inc1.53%
Range Today0.14
ADR(20)0.25
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.49
Mansfield-0.04
10 Day High15.58
10 Day Low14.77
20 Day High15.58
20 Day Low13.97
52 Week High16.49
52 Week Low12.67
CS1 End15.32
CR1 Start15.48
Volume & EV
DER(3)-1.33%
DER(5)1.13%
Volume112.00K
Volume Incr-25.02%
Vol(5)124.24K
Vol(50)173.37K