TSX:PRV-UN - Toronto Stock Exchange - CA7426943006 - REIT - Currency: CAD
We assign a technical rating of 8 out of 10 to PRV-UN. Although PRV-UN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, PRV-UN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PRV-UN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
4.58
4 important support areas can be observed.
2 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 | UP | POSITIVE | The long term trend for PRV-UN.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRV-UN.CA is up. |
ChartMill Relative Strength | 68.68 | NEUTRAL | PRV-UN.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRV-UN.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRV-UN.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PRV-UN.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 60.34 | NEUTRAL | The RSI value for PRV-UN.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PRV-UN.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 58.52 | NEUTRAL | The Stochastics value for PRV-UN.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for PRV-UN.CA suggests low volalility. |
Average Directional Index/ADX (14) | 33.37 | POSITIVE | The high ADX value value for PRV-UN.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 |
---|---|---|---|
5.75 | 5.60 | 0.15 (2.61%) | 25.00% |
An entry @5.75. This is a Buy Stop order right above the resistance zone. | An exit @5.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 2.61%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:PRV-UN (7/11/2025, 7:00:00 PM)
5.73
+0.03 (+0.53%)