PICTON Long Short Income Alternative Fund (PFIA.CA) Stock Technical Analysis
TSX:PFIA - Toronto Stock Exchange - - Currency: CAD
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.
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.
More info and screens
9.57
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.
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 PFIA.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFIA.CA is neutral. |
| ChartMill Relative Strength | 30.15 | NEUTRAL | PFIA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFIA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFIA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFIA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.22 | NEUTRAL | The RSI value for PFIA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PFIA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.78 | NEUTRAL | The Stochastics value for PFIA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for PFIA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.86 | NEGATIVE | The low ADX value for PFIA.CA suggests a weak or negative trend. |
PICTON Long Short Income Alternative Fund
TSX:PFIA (7/29/2025, 7:00:00 PM)
10.14
+0.03 (+0.3%)