PRIMARIS REIT (PMZ-UN.CA) Stock Technical Analysis
TSX:PMZ-UN - CA74167K1093 - REIT
Taking everything into account, PMZ-UN scores 4 out of 10 in our technical rating. In the last year, PMZ-UN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
PMZ-UN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PMZ-UN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
13.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.79 to 15.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.09 from a trend line in the weekly time frame.
- A support zone ranging from 13.76 to 13.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.14 to 15.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @15.67 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for PMZ-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMZ-UN.CA is neutral. |
| ChartMill Relative Strength | 22.08 | NEGATIVE | PMZ-UN.CA has a low relative strength, it was outperformed by 77.92% off all stocks 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) | DOWN | MIXED | The current price of PMZ-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.85 | NEUTRAL | The RSI value for PMZ-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PMZ-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.56 | NEUTRAL | The Stochastics value for PMZ-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for PMZ-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for PMZ-UN.CA suggests a weak or negative trend. |
TSX:PMZ-UN (9/5/2025, 7:00:00 PM)
15.13
+0.18 (+1.2%)