Canada - TSX-V:ALFA-UN - CA56660A2092 - REIT
We assign a technical rating of 2 out of 10 to ALFA-UN. In the last year, ALFA-UN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
ALFA-UN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.73, a Stop Loss order could be placed below this zone.
1.67
We found 2 important support areas.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The short term trend for ALFA-UN.CA is neutral. |
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) | DOWN | NEGATIVE | The current price of ALFA-UN.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALFA-UN.CA is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 46.37 | NEUTRAL | The RSI value for ALFA-UN.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALFA-UN.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for ALFA-UN.CA is a neutral value. |
Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for ALFA-UN.CA suggests some volalility. |
Average Directional Index/ADX (14) | 22.35 | NEUTRAL | The ADX value for ALFA-UN.CA suggests a possible start of a new trend. |
TSX-V:ALFA-UN (9/19/2025, 7:00:00 PM)
1.75
-0.1 (-5.41%)