PROFOUND MEDICAL CORP (PRN.CA) Stock Technical Analysis
TSX:PRN - Toronto Stock Exchange - CA74319B5027 - Common Stock - Currency: CAD
Overall PRN gets a technical rating of 1 out of 10. PRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PRN is a bad performer in the overall market: 90% of all stocks are doing better.
PRN is part of the Health Care Equipment & Supplies industry. There are 15 other stocks in this industry, of which 92% are performing better than PRN.
PRN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRN is lagging the market.
Warning: PRN has an average volume of 9425 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month PRN has a been trading in the 5.63 - 7.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PRN is bad and it also does not present a 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
7.05
15.14
We can see 6 important resistance areas.
- Resistance @7.35 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.52 to 7.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.52 from a trend line in the weekly time frame.
- Resistance @9.02 from a trend line in the daily time frame.
- A resistance zone ranging from 9.39 to 9.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.99 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 | DOWN | NEGATIVE | The long term trend for PRN.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRN.CA is neutral. |
| ChartMill Relative Strength | 10.68 | NEGATIVE | PRN.CA has a low relative strength, it was outperformed by 89.32% 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) | DOWN | NEGATIVE | The current price of PRN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.43 | NEUTRAL | The RSI value for PRN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests PRN.CA has a positive trend. |
| Stochastics (14,3) | 66.51 | NEUTRAL | The Stochastics value for PRN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.87 | HIGH VOLATILITY | The high ATR as a percentage value for PRN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.48 | POSITIVE | The high ADX value value for PRN.CA suggests a strong 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:PRN (5/22/2025, 7:00:00 PM)
7.12
-0.06 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.84%
1 Week26.47%
2 Weeks8.04%
1 Month6.75%
3 Month-32.83%
6 Month-32.89%
12 Month-29.37%
2 Year-57%
3 Year-38.78%
5 Year-58.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%6.87%
ATR Inc-5.64%
Range Today0.55
ADR(20)0.46
ADR(20)%6.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.68
Mansfield-3.45
10 Day High7.39
10 Day Low5.63
20 Day High7.82
20 Day Low5.63
52 Week High15.75
52 Week Low5.58
CS1 EndN/A
CR1 Start7.35
Volume & EV
DER(3)29.46%
DER(5)21.1%
Volume12.46K
Volume Incr8.18%
Vol(5)11.28K
Vol(50)9.43K