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PICTON Long Short Income Alternative Fund (PFIA.CA) Stock Technical Analysis

TSX:PFIA - Toronto Stock Exchange - - Currency: CAD

10.14  +0.03 (+0.3%)

Technical Rating and Analysis

5

Taking everything into account, PFIA scores 5 out of 10 in our technical rating. Although PFIA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

70% of all other stocks performed better in the past year than PFIA.
Warning: PFIA has an average volume of 27178 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.
PFIA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PFIA has a been trading in a tight range between 10.10 and 10.16.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PICTON Long Short Income Alternative Fund / PFIA Weekly stock chart
PICTON Long Short Income Alternative Fund / PFIA Daily stock chart
Setup Rating and Analysis

9

PFIA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PFIA 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.
Support and Resistance Analysis

9.57

10.27

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 9.97 to 10.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.67 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 10.15 to 10.17. 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 PFIA.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for PFIA.CA is neutral.
ChartMill Relative Strength30.15NEUTRALPFIA.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PFIA.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PFIA.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PFIA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)55.22NEUTRALThe RSI value for PFIA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests PFIA.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)27.78NEUTRALThe Stochastics value for PFIA.CA is a neutral value.
Average True Range in percent/ATR (20)0.22LOW VOLATILITYThe low ATR as a percentage value for PFIA.CA suggests low volalility.
Average Directional Index/ADX (14)19.86NEGATIVEThe low ADX value for PFIA.CA suggests a weak or negative 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 Long Short Income Alternative Fund / PFIA Daily stock chart

PICTON Long Short Income Alternative Fund

TSX:PFIA (7/29/2025, 7:00:00 PM)

10.14

+0.03 (+0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week-0.2%
2 Weeks0.1%
1 Month0.35%
3 Month1%
6 Month0.9%
12 Month1.91%
2 Year4.86%
3 Year2.94%
5 Year-1.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.22%
ATR Inc6.06%
Range Today0.01
ADR(20)0.02
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.15
Mansfield-0.75
10 Day High10.16
10 Day Low10.1
20 Day High10.16
20 Day Low10.1
52 Week High10.16
52 Week Low9.9
CS1 End10.13
CR1 Start10.15
Volume & EV
DER(3)4.85%
DER(5)2.91%
Volume59.72K
Volume Incr75.45%
Vol(5)38.27K
Vol(50)27.18K