Technical Analysis for PIC.A - Premium Income Corporation

Grade Last Price % Change Price Change
grade B 6.44 1.10% 0.070
PIC.A closed up 1.1 percent on Friday, January 18, 2019, on 1.87 times normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Down
See historical PIC.A trend table...

Date Alert Name Type % Chg
Jan 18 Calm After Storm Range Contraction 0.00%
Jan 18 Narrow Range Bar Range Contraction 0.00%
Jan 18 Up 3 Days in a Row Strength 0.00%
Jan 17 MACD Bearish Signal Line Cross Bearish 1.10%
Jan 17 Crossed Above 20 DMA Bullish 1.10%
Jan 17 Crossed Above 50 DMA Bullish 1.10%
Jan 17 Calm After Storm Range Contraction 1.10%
Jan 17 Narrow Range Bar Range Contraction 1.10%
Jan 16 20 DMA Resistance Bearish 2.55%
Jan 16 50 DMA Resistance Bearish 2.55%

Older signals for PIC.A ...

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Profile
Premium Income Corporation is a split share company. The Fund's investment objectives are to provide preferred shareholders with cumulative preferential quarterly cash distributions of $0.215625 per share; provide Class A shareholders with quarterly cash distributions of $0.20319 per share, and return the original issue price to holders of both preferred shares and Class A shares upon windup of the Fund. It invests approximately 75% of its net asset value (NAV) in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank (collectively, the Banks) and may also invest up to 25% of its NAV in common shares of National Bank of Canada. In addition, the Fund may purchase public investment funds, including exchange-traded funds and other Strathbridge Asset Management Inc. (Strathbridge) funds that provide exposure to such common shares. Strathbridge is the investment manager of the Fund.
Is PIC.A a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 8.27
52 Week Low 5.75
Average Volume 24,316
200-Day Moving Average 7.2765
50-Day Moving Average 6.3436
20-Day Moving Average 6.36
10-Day Moving Average 6.521
Average True Range 0.1931
ADX 20.24
+DI 23.5958
-DI 26.2895
Chandelier Exit (Long, 3 ATRs ) 6.2207
Chandelier Exit (Short, 3 ATRs ) 6.3293
Upper Bollinger Band 6.8627
Lower Bollinger Band 5.8573
Percent B (%b) 0.58
BandWidth 15.808176
MACD Line 0.0252
MACD Signal Line 0.0305
MACD Histogram -0.0053
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.560
Resistance 3 (R3) 6.550 6.500 6.540
Resistance 2 (R2) 6.500 6.469 6.505 6.533
Resistance 1 (R1) 6.470 6.451 6.485 6.480 6.527
Pivot Point 6.420 6.420 6.428 6.425 6.420
Support 1 (S1) 6.390 6.389 6.405 6.400 6.353
Support 2 (S2) 6.340 6.371 6.345 6.347
Support 3 (S3) 6.310 6.340 6.340
Support 4 (S4) 6.320