PICTON Market Neutral Equity Alternative Fund (PFMN.CA) Stock Technical Analysis
TSX:PFMN - Toronto Stock Exchange - - Currency: CAD
We assign a technical rating of 5 out of 10 to PFMN. Although PFMN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
62% of all other stocks performed better in the past year than PFMN.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PFMN 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 PFMN is lagging the market slightly.
In the last month PFMN has a been trading in a tight range between 15.61 and 15.91.
PFMN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 15.71, a Stop Loss order could be placed below this zone.
More info and screens
14.90
16.23
When analyzing the support we notice one important area.
- A support zone ranging from 15.05 to 15.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.75 to 16.07. This zone is formed by a combination of multiple trend lines and important moving averages 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 PFMN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFMN.CA is neutral. |
| ChartMill Relative Strength | 38.89 | NEUTRAL | PFMN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PFMN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PFMN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFMN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.54 | NEUTRAL | The RSI value for PFMN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PFMN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.81 | NEUTRAL | The Stochastics value for PFMN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for PFMN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for PFMN.CA suggests a possible start of a new trend. |
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 Market Neutral Equity Alternative Fund
TSX:PFMN (7/11/2025, 7:00:00 PM)
15.75
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.13%
2 Weeks-0.76%
1 Month0.83%
3 Month2.27%
6 Month0.45%
12 Month7.95%
2 Year17.36%
3 Year23.34%
5 Year46.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.52%
ATR Inc12.71%
Range Today0.07
ADR(20)0.08
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.89
Mansfield-0.5
10 Day High15.91
10 Day Low15.7
20 Day High15.91
20 Day Low15.61
52 Week High16.19
52 Week Low14.37
CS1 End15.71
CR1 Start15.75
Volume & EV
DER(3)0%
DER(5)0%
Volume21.34K
Volume Incr62.88%
Vol(5)43.01K
Vol(50)40.10K