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PICTON Long Short Equity Alternative Fund — ETF

PFLS.TO•TSX
Financial Services
Asset Management
$22.30
$0.11(0.50%)
Canadian Market opens in 34h 25m
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PICTON Long Short Equity Alternative Fund — ETF (PFLS.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for PICTON Long Short Equity Alternative Fund — ETF (TSX:PFLS.TO).

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

PICTON Long Short Equity Alternative Fund — ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 65.22)
Trend Strength:Weak (ADX: 14.56)
Volatility:Low (ATR: 0.16)
Support/Resistance:$21.67 – $22.26 (Bollinger Bands)

This mix signals that PICTON Long Short Equity Alternative Fund — ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 65.22

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.30

Bearish
Overbought levels may trigger pullback.

Williams %R: -9.23

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.09

Bullish
Steady upward momentum.

Takeaway:PICTON Long Short Equity Alternative Fund — ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.13

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.56

Weak
Weak trend, market trading sideways.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): 159.94

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:PICTON Long Short Equity Alternative Fund — ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$22.26
Middle Band (SMA 20)
$21.97
Lower Band
$21.67
Current Position
Above Upper Band

Takeaway:PICTON Long Short Equity Alternative Fund — ETF trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$22.29
Middle Line (EMA 20)
$21.96
Lower Channel
$21.64
Squeeze Status
Squeeze On

Takeaway:PICTON Long Short Equity Alternative Fund — ETF trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume257.11K
Money Flow Index91.90Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index83.13Bullish, price momentum strongly favors buyers.

Overall Takeaway:PFLS.TO shows overheated money flow, with risk of pullback from overbought conditions.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

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

Technical Analysis FAQ