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Premium Income Corporation

PIC-A.TO Technical Analysis Summary (TSX)

Analyze PIC-A.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PIC-A.TOTSX
Financial ServicesAsset Management - Income
$10.40
$0.46(4.24%)
Canadian Market opens in 10h 29m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PIC-A.TO Technical Analysis Summary (TSX)

Premium Income Corporation (TSX: PIC-A.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.09)
Trend Strength:Weak (ADX: 15.71)
Volatility:Medium (ATR: 0.29)
Support/Resistance:$10.26 – $11.23 (Bollinger Bands)

Technical conditions suggest Premium Income Corporation on the TSX is awaiting a decisive move. Overall, Premium Income Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 41.09

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 52.75

Neutral
Mid-range signal with no clear trend.

Williams %R: -80.58

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.89

Bearish
Selling pressure outweighs buying.

Takeaway:Premium Income Corporation shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.71

Weak
Weak trend, market trading sideways.

ATR (14): 0.29

Low
Low volatility, stable price action.

CCI (14): -93.79

Bearish
Bearish, momentum remains under pressure.

Takeaway:Premium Income Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.23
Middle Band (SMA 20)
$10.74
Lower Band
$10.26
Current Position
Within Bands

Takeaway:Premium Income Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$11.41
Middle Line (EMA 20)
$10.83
Lower Channel
$10.25
Squeeze Status
Squeeze On

Takeaway:Premium Income Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume529.08K
Money Flow Index53.31Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.63Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PIC-A.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Premium Income Corporation (TSX: PIC-A.TO), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Premium Income Corporation are mixed, suggesting a Hold or wait-and-see approach.

(TSX: PIC-A.TO) Technical Analysis FAQ