TSX-V:ALFA-UN - TSX Venture Exchange - CA56660A2092 - REIT - Currency: CAD
We assign a technical rating of 4 out of 10 to ALFA-UN. In the last year, ALFA-UN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ALFA-UN has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
1.97
We found 1 important support area.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ALFA-UN.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALFA-UN.CA is up. |
ChartMill Relative Strength | 0 | NEGATIVE | ALFA-UN.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALFA-UN.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALFA-UN.CA is above a declining SMA(50). |
Relative Strength Index/RSI (14) | 55.33 | NEUTRAL | The RSI value for ALFA-UN.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALFA-UN.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 39.68 | NEUTRAL | The Stochastics value for ALFA-UN.CA is a neutral value. |
Average True Range in percent/ATR (20) | 12.3 | HIGH VOLATILITY | The high ATR as a percentage value for ALFA-UN.CA suggests high volalility. |
Average Directional Index/ADX (14) | 28.9 | POSITIVE | The high ADX value value for ALFA-UN.CA suggests a strong trend. |
TSX-V:ALFA-UN (6/17/2025, 7:00:00 PM)
2.3
+0.3 (+15%)