Pre-market volume spike: PHW.TO Purpose International Tactical Hedged Equity Fund (TSX) 12 Jan 2026 : watch implied upside

Pre-market trading shows PHW.TO stock at CAD 21.24 on the TSX, flagged by a large relative volume reading of 2,987.50 versus an average daily volume of 8 shares. We see a modest pullback from yesterday’s close of CAD 21.47 and a one-year range of CAD 18.64–21.74. This volume spike signal matters for traders because PHW.TO’s low baseline liquidity makes small order flows move price quickly. We summarize valuation, technicals, Meyka AI grade and short-term forecasts to help assess whether this move offers a tradable edge.