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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
$10.56
$0.19(1.83%)
Canadian Market opens in 26h 33m

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: 42.80)
Trend Strength:Moderate (ADX: 20.61)
Volatility:Medium (ATR: 0.34)
Support/Resistance:$10.28 – $11.27 (Bollinger Bands)

Technical conditions suggest Premium Income Corporation on the TSX is awaiting a decisive move. This mix signals that Premium Income Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 42.80

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 17.61

Bullish
Oversold zone signals rebound potential.

Williams %R: -78.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.75

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.61

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.34

Low
Low volatility, stable price action.

CCI (14): -135.21

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Premium Income Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.27
Middle Band (SMA 20)
$10.78
Lower Band
$10.28
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$11.57
Middle Line (EMA 20)
$10.88
Lower Channel
$10.19
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 Volume570.72K
Money Flow Index51.49Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.53Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PIC-A.TO shows balanced money flow with a slight bullish bias.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Premium Income Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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