PROFOUND MEDICAL CORP (PRN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PRN - CA74319B5027 - Common Stock
Taking everything into account, PRN scores 8 out of 10 in our technical rating. Although PRN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: PRN has an average volume of 22071 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.
- PRN is part of the Health Care Equipment & Supplies industry. There are 18 other stocks in this industry. PRN outperforms 82% of them.
- PRN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PRN is lagging the market slightly.
- In the last month PRN has a been trading in the 9.54 - 12.40 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, PRN did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, PRN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 10.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PRN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.47
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.88 to 10.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.37 from a trend line in the daily time frame.
- A support zone ranging from 9.85 to 9.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.55 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @11.72 from a horizontal line in the weekly 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 PRN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRN.CA is up. |
| ChartMill Relative Strength | 72.66 | POSITIVE | PRN.CA has a high relative strength, it outperformed 72.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.72 | NEUTRAL | The RSI value for PRN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PRN.CA has a negative trend. |
| Stochastics (14,3) | 68 | NEUTRAL | The Stochastics value for PRN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for PRN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.24 | POSITIVE | The high ADX value value for PRN.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.73 | 10.87 | 0.86 (7.33%) | 13.64% |
| An entry @11.73. This is a Buy Stop order right above the resistance zone. | An exit @10.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.86 points, which is 7.33%. | For a 1.00% total portfolio risk, you can invest 13.64% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PRN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:PRN (1/19/2026, 7:00:00 PM)
11.4
-0.22 (-1.89%)
PROFOUND MEDICAL CORP / PRN.CA FAQ
What is the ChartMill technical rating of PROFOUND MEDICAL CORP (PRN.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to PRN.CA.
What is the current trend direction of PROFOUND MEDICAL CORP (PRN.CA) stock?
The current trend direction for PROFOUND MEDICAL CORP (PRN.CA) is Bullish.
What is the RSI signal for PRN stock?
PROFOUND MEDICAL CORP (PRN.CA) has an RSI value of 57.7202. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PROFOUND MEDICAL CORP?
The MACD indicator for PROFOUND MEDICAL CORP (PRN.CA) has a value of -0.00913146, indicating a bearish trend.
What is the short term momentum for PRN stock?
The short term momentum for PROFOUND MEDICAL CORP (PRN.CA) is positive.