PROFOUND MEDICAL CORP (PRN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PRN - CA74319B5027 - Common Stock
We assign a technical rating of 8 out of 10 to PRN. 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.
PRN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.35. Right above this resistance zone may be a good entry point. 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
We found 3 important support areas.
- Support @8.51 from a trend line in the daily time frame.
- A support zone ranging from 8.06 to 8.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.35 to 9.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 62.07 | NEUTRAL | PRN.CA is not amongst the best or worst performers 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) | 58.81 | NEUTRAL | The RSI value for PRN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PRN.CA has a positive trend. |
| Stochastics (14,3) | 65.07 | NEUTRAL | The Stochastics value for PRN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for PRN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for PRN.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 9.44 | 8.50 | 0.94 (9.96%) | 10.04% |
| An entry @9.44. This is a Buy Stop order right above the resistance zone. | An exit @8.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.94 points, which is 9.96%. | For a 1.00% total portfolio risk, you can invest 10.04% of your capital in this trade. |
- 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 (11/28/2025, 7:00:00 PM)
9.08
-0.1 (-1.09%)
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 trend direction for PRN 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 58.8105. This indicates that the stock is currently neutral.
What is the short term momentum for PROFOUND MEDICAL CORP (PRN.CA) stock?
The short term momentum for PROFOUND MEDICAL CORP (PRN.CA) is positive.
Can you provide the support and resistance levels for PROFOUND MEDICAL CORP?
PROFOUND MEDICAL CORP (PRN.CA) has a support level at 8.51 and a resistance level at 9.35. Check the full technical report for our detailed analysis of PRN.CA support and resistance levels.