AUTOCANADA INC (ACQ.CA) Stock Technical Analysis
TSX:ACQ - Toronto Stock Exchange - CA05277B2093 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to ACQ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACQ is showing a nice and steady performance.
Warning: ACQ has an average volume of 29398 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ACQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ACQ is leading the market.
In the last month ACQ has a been trading in the 17.00 - 23.27 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ACQ is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ACQ is an average performer in the Specialty Retail industry, it outperforms 66% of 16 stocks in the same industry.
ACQ has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.11
22.95
When analyzing the support we can see 3 important areas.
- Support @17.17 from a trend line in the daily time frame.
- Support @14.75 from a trend line in the daily time frame.
- A support zone ranging from 14.25 to 14.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ACQ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACQ.CA is up. |
| ChartMill Relative Strength | 82.67 | POSITIVE | ACQ.CA has a high relative strength, it outperformed 82.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACQ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACQ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACQ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.55 | OVERBOUGHT | The high RSI value suggests ACQ.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ACQ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.32 | OVERBOUGHT | The high Stochastics value suggests ACQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ACQ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 56.15 | POSITIVE | The high ADX value value for ACQ.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 23.28 | 20.36 | 2.92 (12.54%) | 7.97% |
| An entry @23.28. This is a Buy Stop order right above the 10 day high. | An exit @20.36. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.92 points, which is 12.54%. | For a 1.00% total portfolio risk, you can invest 7.97% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ACQ (6/6/2025, 7:00:00 PM)
22.72
-0.18 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.79%
1 Week3.79%
2 Weeks8.35%
1 Month34.04%
3 Month40.16%
6 Month17.96%
12 Month10.94%
2 Year18.21%
3 Year-7.49%
5 Year112.34%
10 Year-44.99%
15 Year363.67%
Volatility
ATR(14)0.87
ATR(20)%4.23%
ATR Inc-39.75%
Range Today0.49
ADR(20)0.96
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.67
Mansfield2.37
10 Day High23.27
10 Day Low20.37
20 Day High23.27
20 Day Low17
52 Week High23.27
52 Week Low13.75
CS1 End17.17
CR1 StartN/A
Volume & EV
DER(3)3.38%
DER(5)1.68%
Volume10.29K
Volume Incr-42.02%
Vol(5)26.95K
Vol(50)29.40K