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PICTON Market Neutral Equity Alternative Fund — ETF

PFMN.TO Technical Analysis Summary (TSX)

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

PFMN.TOTSX
Financial ServicesAsset Management
$16.13
$0.05(0.31%)
Canadian Market opens in 14h 19m

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

PFMN.TO Technical Analysis Summary (TSX)

PICTON Market Neutral Equity Alternative Fund — ETF (TSX: PFMN.TO) stock currently shows a bearish trend on the TSX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 31.68)
Trend Strength:Moderate (ADX: 22.39)
Volatility:Low (ATR: 0.09)
Support/Resistance:$16.07 – $16.46 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 31.68

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.19

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.43

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.92

Neutral
Price change is minimal.

Takeaway:PICTON Market Neutral Equity Alternative Fund — ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.07

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.39

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -89.95

Bearish
Bearish, momentum remains under pressure.

Takeaway:PICTON Market Neutral Equity Alternative Fund — ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$16.46
Middle Band (SMA 20)
$16.26
Lower Band
$16.07
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$16.43
Middle Line (EMA 20)
$16.25
Lower Channel
$16.07
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-201.57K
Money Flow Index36.81Bearish, selling pressure outweighs inflows.
Relative Vigor Index29.23Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of PICTON Market Neutral Equity Alternative Fund — ETF (TSX: PFMN.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 Market Neutral Equity Alternative Fund — ETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: PFMN.TO) Technical Analysis FAQ