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PICTON Long Short Equity Alternative Fund — ETF

PFLS.TO Technical Analysis Summary (TSX)

Analyze PFLS.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PFLS.TO●TSX
Financial ServicesAsset Management
$22.59
$0.11(0.48%)
Canadian Market opens in 5h 30m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PFLS.TO Technical Analysis Summary (TSX)

PICTON Long Short Equity Alternative Fund — ETF (TSX: PFLS.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.12)
Trend Strength:Moderate (ADX: 21.03)
Volatility:Low (ATR: 0.15)
Support/Resistance:$22.52 – $22.86 (Bollinger Bands)

Technical conditions suggest PICTON Long Short Equity Alternative Fund — ETF on the TSX is awaiting a decisive move. Technical conditions suggest PICTON Long Short Equity Alternative Fund — ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 46.12

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 35.80

Bearish
Momentum remains weak below midpoint.

Williams %R: -78.95

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.48

Neutral
Price change is minimal.

Takeaway:PICTON Long Short Equity Alternative Fund — ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.03

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): 38.08

Bullish
Bullish, momentum building upward.

Takeaway:PICTON Long Short Equity Alternative Fund — ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$22.86
Middle Band (SMA 20)
$22.69
Lower Band
$22.52
Current Position
Within Bands

Takeaway:PICTON Long Short Equity Alternative Fund — ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$22.98
Middle Line (EMA 20)
$22.67
Lower Channel
$22.37
Squeeze Status
Squeeze On

Takeaway:PICTON Long Short Equity Alternative Fund — ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume103.99K
Money Flow Index36.19Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.44Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PFLS.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of PICTON Long Short Equity Alternative Fund — ETF (TSX: PFLS.TO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for PICTON Long Short Equity Alternative Fund — ETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: PFLS.TO) Technical Analysis FAQ