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Profound Medical Corp.

PRN.TO Technical Analysis Summary (TSX)

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

PRN.TO●TSX
HealthcareMedical - Devices
$8.31
$0.08(0.97%)
Canadian Market opens in 5h 45m

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

PRN.TO Technical Analysis Summary (TSX)

Profound Medical Corp. (TSX: PRN.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 36.98)
Trend Strength:Weak (ADX: 18.41)
Volatility:High (ATR: 0.50)
Support/Resistance:$7.75 – $10.30 (Bollinger Bands)

Technical conditions suggest Profound Medical Corp. on the TSX is awaiting a decisive move. Overall, Profound Medical Corp. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.00

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.23

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -12.53

Strongly Bearish
Sharp downside momentum.

Takeaway:Profound Medical Corp. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.43

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.41

Weak
Weak trend, market trading sideways.

ATR (14): 0.50

Low
Low volatility, stable price action.

CCI (14): -70.78

Bearish
Bearish, momentum remains under pressure.

Takeaway:Profound Medical Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.30
Middle Band (SMA 20)
$9.03
Lower Band
$7.75
Current Position
Within Bands

Takeaway:Profound Medical Corp. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$9.88
Middle Line (EMA 20)
$8.87
Lower Channel
$7.86
Squeeze Status
No Squeeze

Takeaway:Profound Medical Corp. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-109.98K
Money Flow Index13.55Bullish, oversold conditions signal rebound potential.
Relative Vigor Index59.21Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PRN.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Profound Medical Corp. (TSX: PRN.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 Profound Medical Corp. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: PRN.TO) Technical Analysis FAQ