PREMIUM RESOURCES LTD (PREM.CA) Stock Technical Analysis
TSX-V:PREM - TSX Venture Exchange - CA74061L1040 - Common Stock - Currency: CAD
Overall PREM gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PREM is a bad performer.
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 805 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month PREM has a been trading in the 4.90 - 13.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PREM has an average technical rating and it also 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
8.01
10.27
When analyzing the support we can see 2 important areas.
- Support @8.78 from a trend line in the weekly time frame.
- Support @8.09 from a trend line in the daily time frame.
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 PREM.CA is up. |
| 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) | UP | MIXED | The current price of PREM.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PREM.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.63 | NEUTRAL | The RSI value for PREM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PREM.CA has a negative trend. |
| Stochastics (14,3) | 52.81 | NEUTRAL | The Stochastics value for PREM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.56 | HIGH VOLATILITY | The high ATR as a percentage value for PREM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.58 | NEGATIVE | The low ADX value for PREM.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)
TSX-V:PREM (7/14/2025, 7:00:00 PM)
10.17
-0.64 (-5.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.92%
1 Week-4.95%
2 Weeks-0.29%
1 Month7.05%
3 Month21.07%
6 Month37.43%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%11.56%
ATR Inc-35.21%
Range Today0.89
ADR(20)1.16
ADR(20)%11.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High13.05
10 Day Low9.52
20 Day High13.05
20 Day Low4.9
52 Week HighN/A
52 Week LowN/A
CS1 End8.78
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume39.01K
Volume Incr-87.39%
Vol(5)42.92K
Vol(50)359.45K