TSX:PRV-UN - Toronto Stock Exchange - CA7426943006 - REIT - Currency: CAD
Overall PRV-UN gets a technical rating of 8 out of 10. 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. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
4.58
We found 2 important support areas.
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 | 60.29 | 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) | UP | POSITIVE | The current price of PRV-UN.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 61.36 | 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. |
Stochastics (14,3) | 62.76 | NEUTRAL | The Stochastics value for PRV-UN.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for PRV-UN.CA suggests low volalility. |
Average Directional Index/ADX (14) | 28.79 | 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 |
---|---|---|---|
5.57 | 5.36 | 0.21 (3.77%) | 25.00% |
An entry @5.57. This is a Buy Stop order right above the resistance zone. | An exit @5.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.21 points, which is 3.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
TSX:PRV-UN (6/6/2025, 7:00:00 PM)
5.5
+0.09 (+1.66%)