Canada - TSX-V:PREM - CA74061L1040 - Common Stock
We assign a technical rating of 1 out of 10 to PREM. 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.
Although the technical rating is bad, PREM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
6.80
3 important support areas can be observed.
3 important resistance areas can be observed.
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. |
TSX-V:PREM (10/3/2025, 7:00:00 PM)
7.69
-0.21 (-2.66%)