PREMIUM RESOURCES LTD (PREM.CA) Technical Analysis
TSX-V:PREM • CA74061L1040
Current stock price
PREM.CA Technical Rating and Analysis
Overall PREM gets a technical rating of 1 out of 10. PREM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, PREM is a bad performer in the overall market: 100% of all stocks are doing better.
- PREM is one of the lesser performing stocks in the Metals & Mining industry. 93% of 795 stocks in the same industry do better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month PREM has a been trading in the 7.46 - 8.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PREM.CA Weekly and Daily overview Charts
PREM.CA Setup Rating and Analysis
PREM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
PREM.CA Support and Resistance Analysis
6.80
When analyzing the support we can see 3 important areas.
- Support @7.25 from a trend line in the weekly time frame.
- Support @7.13 from a horizontal line in the weekly time frame.
- Support @6.87 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @7.70 from a trend line in the daily time frame.
- A resistance zone ranging from 7.87 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.45 to 8.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
PREM.CA Technical Indicator Signal Analysis
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 PREM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PREM.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PREM.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PREM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PREM.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PREM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.32 | NEUTRAL | The RSI value for PREM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PREM.CA has a negative trend. |
| Stochastics (14,3) | 23.75 | NEUTRAL | The Stochastics value for PREM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PREM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.07 | NEUTRAL | The ADX value for PREM.CA suggests a possible start of a new trend. |
PREM.CA Chart- and CandleStick Pattern Analysis
PREM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:PREM (10/3/2025, 7:00:00 PM)
7.69
-0.21 (-2.66%)
PREMIUM RESOURCES LTD / PREM.CA TA FAQ
What is the technical rating for PREM stock?
ChartMill assigns a technical rating of 1 / 10 to PREM.CA.
Can you provide the trend direction for PREMIUM RESOURCES LTD?
The current trend direction for PREMIUM RESOURCES LTD (PREM.CA) is Bearish.
What is the RSI signal for PREMIUM RESOURCES LTD (PREM.CA) stock?
PREMIUM RESOURCES LTD (PREM.CA) has an RSI value of 46.317. This indicates that the stock is currently neutral.
What is the MACD signal for PREM stock?
The MACD indicator for PREMIUM RESOURCES LTD (PREM.CA) has a value of -0.0182907, indicating a bearish trend.
What is the short term momentum for PREMIUM RESOURCES LTD (PREM.CA) stock?
The short term momentum for PREMIUM RESOURCES LTD (PREM.CA) is neutral.