PRIMARIS REIT (PMZ-UN.CA) Stock Technical Analysis
TSX:PMZ-UN - Toronto Stock Exchange - CA74167K1093 - REIT - Currency: CAD
Taking everything into account, PMZ-UN scores 4 out of 10 in our technical rating. PMZ-UN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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 67% of 38 stocks in the same industry.
PMZ-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PMZ-UN is lagging the market.
In the last month PMZ-UN has a been trading in the 14.52 - 15.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PMZ-UN has an average technical rating and also the quality of the setup is only medium 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
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.79 to 15.16. 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 13.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.31 to 15.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @15.97 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 | UP | POSITIVE | The short term trend for PMZ-UN.CA is up. |
| ChartMill Relative Strength | 54.89 | NEUTRAL | PMZ-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PMZ-UN.CA is above a declining 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) | 59.86 | 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. |
| Stochastics (14,3) | 84.64 | OVERBOUGHT | The high Stochastics value suggests PMZ-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for PMZ-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for PMZ-UN.CA suggests a possible start of a new 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)
TSX:PMZ-UN (7/11/2025, 7:00:00 PM)
15.23
+0.08 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.53%
1 Week0.53%
2 Weeks3.54%
1 Month-1.93%
3 Month10.6%
6 Month2.91%
12 Month12.23%
2 Year14.17%
3 Year14.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.42%
ATR Inc11.89%
Range Today0.19
ADR(20)0.19
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.89
Mansfield-0.67
10 Day High15.32
10 Day Low14.55
20 Day High15.56
20 Day Low14.52
52 Week High16.49
52 Week Low13.17
CS1 End15.16
CR1 Start15.31
Volume & EV
DER(3)2.33%
DER(5)3.21%
Volume317.72K
Volume Incr-44.71%
Vol(5)198.65K
Vol(50)237.77K