
Canada - Toronto Stock Exchange - TSX:PREF - CA74739R1038 - ETF
We assign a technical rating of 1 out of 10 to PREF. PREF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PREF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.59, a Stop Loss order could be placed below this zone.
10.34
We found 1 important support area.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for PREF.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PREF.CA is neutral. |
| ChartMill Relative Strength | 26.51 | NEGATIVE | PREF.CA has a low relative strength, it was outperformed by 73.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PREF.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PREF.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PREF.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.42 | NEUTRAL | The RSI value for PREF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PREF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.17 | NEUTRAL | The Stochastics value for PREF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for PREF.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 3.12 | NEGATIVE | The low ADX value for PREF.CA suggests a weak or negative trend. |
TSX:PREF (12/10/2025, 7:00:00 PM)
10.59
0 (0%)
ChartMill assigns a technical rating of 1 / 10 to PREF.CA.
The current trend direction for QUADRAVEST PREF SPLIT SH ETF (PREF.CA) is Bearish.
QUADRAVEST PREF SPLIT SH ETF (PREF.CA) has an RSI value of 50.4179. This indicates that the stock is currently neutral.
The short term momentum for QUADRAVEST PREF SPLIT SH ETF (PREF.CA) is neutral.
QUADRAVEST PREF SPLIT SH ETF (PREF.CA) has a support level at 10.59 and a resistance level at 10.62. Check the full technical report for our detailed analysis of PREF.CA support and resistance levels.