Technical Analysis for PABF - Purpose Active Balanced Fund
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 22.620 | -0.04% | -0.010 |
PABF closed down 0.04 percent on Thursday, May 16, 2024, on 64 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | N/A | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | 0.00% | |
| Stochastic Sell Signal | Bearish | 0.00% | |
| Lizard Bearish | Bearish Day Trade Setup | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Doji - Bearish? | Reversal | 0.00% | |
| New 52 Week High | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| New 52 Week Closing High | Bullish | -0.04% | |
| 180 Bullish Setup | Bullish Swing Setup | -0.04% | |
| Narrow Range Bar | Range Contraction | -0.04% |
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Basic chart:
- Earnings date: Unknown
Purpose Active Balanced Fund is a mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as of October 13, 2023. Purpose Active Balanced Fund seeks to provide unitholders with a combination of long-term capital growth and a moderate level of income, primarily by investing in a diverse portfolio of equity securities and fixed income securities located anywhere in the world. The Fund objective is to outperform a passive balanced strategy over a full market cycle on a risk adjusted basis.
Keywords: Security Investment Management Investment Funds Mutual Fund Passive Management Unit Trust Trust
Classification
Keywords: Security Investment Management Investment Funds Mutual Fund Passive Management Unit Trust Trust
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 22.65 |
| 52 Week Low | 20.03 |
| Average Volume | 8,861 |
| 200-Day Moving Average | 0.000 |
| 50-Day Moving Average | 22.257 |
| 20-Day Moving Average | 22.272 |
| 10-Day Moving Average | 22.452 |
| Average True Range | 0.068 |
| RSI (14) | 70.24 |
| ADX | 24.26 |
| +DI | 54.575 |
| -DI | 21.109 |
| Chandelier Exit (Long, 3 ATRs) | 22.445 |
| Chandelier Exit (Short, 3 ATRs) | 22.185 |
| Upper Bollinger Bands | 22.689 |
| Lower Bollinger Band | 21.855 |
| Percent B (%b) | 0.92 |
| BandWidth | 3.741 |
| MACD Line | 0.113 |
| MACD Signal Line | 0.070 |
| MACD Histogram | 0.0426 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 22.665 | ||||
| Resistance 3 (R3) | 22.670 | 22.660 | 22.658 | ||
| Resistance 2 (R2) | 22.660 | 22.649 | 22.658 | 22.655 | |
| Resistance 1 (R1) | 22.640 | 22.641 | 22.635 | 22.635 | 22.652 |
| Pivot Point | 22.630 | 22.630 | 22.628 | 22.628 | 22.630 |
| Support 1 (S1) | 22.610 | 22.619 | 22.605 | 22.605 | 22.588 |
| Support 2 (S2) | 22.600 | 22.611 | 22.598 | 22.585 | |
| Support 3 (S3) | 22.580 | 22.600 | 22.583 | ||
| Support 4 (S4) | 22.575 |
