Technical Analysis for PIC.A - Premium Income Corporation

Grade Last Price % Change Price Change
grade C 6.74 1.20% 0.080
PIC.A closed up 1.2 percent on Friday, March 15, 2019, on 38 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

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

Date Alert Name Type % Chg
Mar 15 180 Bullish Setup Bullish Swing Setup 0.00%
Mar 15 Above Upper BB Strength 0.00%
Mar 15 Overbought Stochastic Strength 0.00%
Mar 15 Upper Bollinger Band Touch Strength 0.00%
Mar 13 Shooting Star Candlestick Bearish 1.20%
Mar 13 Lizard Bearish Bearish Day Trade Setup 1.20%
Mar 13 Stochastic Reached Overbought Strength 1.20%
Mar 13 Overbought Stochastic Strength 1.20%
Mar 12 Shooting Star Candlestick Bearish 1.35%
Mar 12 Lizard Bearish Bearish Day Trade Setup 1.35%

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.
Finance Economy Money Investment Corporate Finance Funds Investment Fund Stock Market Equity Securities Rate Of Return Exchange Traded Fund Net Asset Value Bank Of Canada Montreal
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: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 7.98
52 Week Low 5.75
Average Volume 24,233
200-Day Moving Average 7.1004
50-Day Moving Average 6.5052
20-Day Moving Average 6.609
10-Day Moving Average 6.649
Average True Range 0.0963
ADX 7.79
+DI 20.3632
-DI 16.6642
Chandelier Exit (Long, 3 ATRs ) 6.4511
Chandelier Exit (Short, 3 ATRs ) 6.6989
Upper Bollinger Band 6.7364
Lower Bollinger Band 6.4816
Percent B (%b) 1.01
BandWidth 3.855349
MACD Line 0.0593
MACD Signal Line 0.0552
MACD Histogram 0.0041
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.845
Resistance 3 (R3) 6.833 6.787 6.828
Resistance 2 (R2) 6.787 6.760 6.793 6.822
Resistance 1 (R1) 6.763 6.743 6.775 6.775 6.816
Pivot Point 6.717 6.717 6.723 6.723 6.717
Support 1 (S1) 6.693 6.690 6.705 6.705 6.664
Support 2 (S2) 6.647 6.673 6.653 6.658
Support 3 (S3) 6.623 6.647 6.653
Support 4 (S4) 6.635