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Is PROF ready to move higher? New Uptrend shows up after rallying 11.65%

Profound Medical Corp. (PROF) — SwingTradeBot Technical Analysis Report · Aug 3, 2026, 19:59 ET
On Monday, August 3rd, PROF moved up 11.65% while volume surged to 2.7× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Wide Range Bar, New Uptrend & Expansion Breakout — suggesting potential strength ahead. Key support levels exist at 7.55, 6.85 & 6.43, with resistance at 8.67, 9.09 & 9.79.

Current SwingTradeBot Technical Rating of PROF: A

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Profound Medical (PROF)