TSX:BPRF-U - Toronto Stock Exchange - CA11221N2086 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to BPRF-U. Although BPRF-U is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, BPRF-U does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.74, a Stop Loss order could be placed below this zone.
20.30
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
23.02 | 22.44 | 0.58 (2.52%) | 25.00% |
An entry @23.02. This is a Buy Stop order right above the 10 day high. | An exit @22.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.58 points, which is 2.52%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:BPRF-U (3/5/2025, 7:00:00 PM)
22.86
+0.03 (+0.13%)