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PICTON MULTI-STRATEGY ALPHA (PFAA.CA) Stock Technical Analysis

TSX:PFAA - Toronto Stock Exchange - CA72001R1082 - ETF - Currency: CAD

12.13  +0.02 (+0.17%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to PFAA. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PFAA is a bad performer.

63% of all other stocks performed better in the past year than PFAA.
Warning: PFAA has an average volume of 29177 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PFAA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PFAA is lagging the market slightly.
In the last month PFAA has a been trading in a tight range between 11.96 and 12.21.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PICTON MULTI-STRATEGY ALPHA / PFAA Weekly stock chart
PICTON MULTI-STRATEGY ALPHA / PFAA Daily stock chart
Setup Rating and Analysis

9

Although the technical rating is only medium, PFAA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PFAA in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

11.48

12.29

When analyzing the support we notice one important area.

  • A support zone ranging from 11.60 to 12.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 12.14 to 12.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for PFAA.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for PFAA.CA is neutral.
ChartMill Relative Strength37.98NEUTRALPFAA.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PFAA.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PFAA.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PFAA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)55.09NEUTRALThe RSI value for PFAA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests PFAA.CA has a positive trend.
Stochastics (14,3)69.33NEUTRALThe Stochastics value for PFAA.CA is a neutral value.
Average True Range in percent/ATR (20)0.7LOW VOLATILITYThe low ATR as a percentage value for PFAA.CA suggests low volalility.
Average Directional Index/ADX (14)26.44POSITIVEThe high ADX value value for PFAA.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
PICTON MULTI-STRATEGY ALPHA / PFAA Daily stock chart

PICTON MULTI-STRATEGY ALPHA

TSX:PFAA (7/11/2025, 7:00:00 PM)

12.13

+0.02 (+0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week0.75%
2 Weeks0.08%
1 Month0.5%
3 Month2.02%
6 Month1.93%
12 Month7.63%
2 Year18.46%
3 Year22.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.7%
ATR Inc16.21%
Range Today0.09
ADR(20)0.07
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.98
Mansfield-0.47
10 Day High12.16
10 Day Low11.96
20 Day High12.21
20 Day Low11.96
52 Week High12.38
52 Week Low11.17
CS1 End12.08
CR1 Start12.14
Volume & EV
DER(3)4.26%
DER(5)5.17%
Volume39.52K
Volume Incr20.63%
Vol(5)41.91K
Vol(50)29.18K