POWER CORPORATION CANADA - POWCN 0.7 PERP (POW-PR-E.CA) Stock Technical Analysis
TSX:POW-PR-E - Toronto Stock Exchange - CA7392394085 - Currency: CAD
Taking everything into account, POW-PR-E scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, POW-PR-E is showing a nice and steady performance.
Warning: POW-PR-E has an average volume of 244 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that POW-PR-E is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, POW-PR-E also shows a nice and consistent pattern of rising prices.
POW-PR-E is part of the Insurance industry. There are 82 other stocks in this industry. POW-PR-E outperforms 98% of them.
POW-PR-E is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so POW-PR-E is leading the market.
In the last month POW-PR-E has a been trading in the 36.25 - 50.05 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although POW-PR-E has an excellent technical rating, it does not offer a high quality setup 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
32.31
50.56
When analyzing the support we can see 6 important areas.
- A support zone ranging from 43.39 to 44.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.10 to 42.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.94 to 39.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.55 from a trend line in the weekly time frame.
- Support @34.49 from a trend line in the daily time frame.
- Support @32.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.06 to 50.06. 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 POW-PR-E.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POW-PR-E.CA is up. |
| ChartMill Relative Strength | 91.82 | POSITIVE | POW-PR-E.CA has a high relative strength, it outperformed 91.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of POW-PR-E.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POW-PR-E.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.32 | NEUTRAL | The RSI value for POW-PR-E.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests POW-PR-E.CA has a positive trend. |
| Stochastics (14,3) | 78.06 | NEUTRAL | The Stochastics value for POW-PR-E.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for POW-PR-E.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.37 | NEGATIVE | The low ADX value for POW-PR-E.CA suggests a weak or negative 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)
POWER CORPORATION CANADA - POWCN 0.7 PERP
TSX:POW-PR-E (5/16/2025, 7:00:00 PM)
50.05
+5.65 (+12.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg12.73%
1 Week8.8%
2 Weeks11.22%
1 Month22.07%
3 Month39.03%
6 Month43%
12 Month63.56%
2 Year28.7%
3 Year55.19%
5 Year51.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.81
ATR(20)%5.08%
ATR Inc105.88%
Range Today0.75
ADR(20)0.21
ADR(20)%0.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.82
Mansfield0.97
10 Day High50.05
10 Day Low40.5
20 Day High50.05
20 Day Low36.25
52 Week High50.05
52 Week Low28
CS1 End44.39
CR1 Start50.06
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr48.36%
Vol(5)360
Vol(50)244.66