VIRTUS INFRACAP US PREF STCK (PFFA) Stock Technical Analysis
NYSEARCA:PFFA - NYSE Arca - US26923G8226 - ETF - Currency: USD
Overall PFFA gets a technical rating of 6 out of 10. In the last year, PFFA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
PFFA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PFFA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.30
We found 4 important support areas.
- A support zone ranging from 21.01 to 21.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.57 from a horizontal line in the daily time frame.
- Support @19.93 from a trend line in the weekly time frame.
- A support zone ranging from 19.49 to 19.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.82 to 22.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 23.21 to 23.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PFFA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFFA is up. |
| ChartMill Relative Strength | 45.33 | NEUTRAL | PFFA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFFA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFFA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PFFA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.81 | NEUTRAL | The RSI value for PFFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PFFA has a negative trend. |
| Stochastics (14,3) | 84.16 | OVERBOUGHT | The high Stochastics value suggests PFFA may be overbought. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for PFFA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.74 | NEGATIVE | The low ADX value for PFFA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.57 | 21.20 | 0.37 (1.73%) | 25.00% |
| An entry @21.57. This is a Buy Stop order right above the 10 day high. | An exit @21.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.37 points, which is 1.73%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.43%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.46
-0.03 (-0.14%)