Alimentation Couche Tard Inc (ATD-A.CA) Technical Analysis
TSX:ATD-A
Current stock price
ATD-A.CA Technical Rating and Analysis
Taking everything into account, ATD-A scores 6 out of 10 in our technical rating. ATD-A was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Looking at the yearly performance, ATD-A did better than 78% of all other stocks. We also observe that the gains produced by ATD-A over the past year are nicely spread over this period.
- ATD-A is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 100% of 16 stocks in the same industry.
- ATD-A is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ATD-A is performing more or less in line with the market.
- ATD-A has an average volume of 1602700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month ATD-A has a been trading in the 47.49 - 55.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ATD-A.CA Weekly and Daily overview Charts
ATD-A.CA Setup Rating and Analysis
ATD-A has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ATD-A.CA Support and Resistance Analysis
45.79
When analyzing the support we can see 2 important areas.
- Support @49.53 from a trend line in the weekly time frame.
- A support zone ranging from 46.25 to 47.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 49.93 to 52.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.66 from a horizontal line in the weekly time frame.
ATD-A.CA Technical Indicator Signal Analysis
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 ATD-A.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATD-A.CA is down. |
| ChartMill Relative Strength | 78.6 | POSITIVE | ATD-A.CA has a high relative strength, it outperformed 78.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATD-A.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATD-A.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATD-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.86 | NEUTRAL | The RSI value for ATD-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests ATD-A.CA has a negative trend. |
| Stochastics (14,3) | 22.96 | NEUTRAL | The Stochastics value for ATD-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for ATD-A.CA suggests some volalility. |
ATD-A.CA Chart- and CandleStick Pattern Analysis
ATD-A.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ATD-A (2/18/2022, 7:00:00 PM)
49.66
-1.14 (-2.24%)
Alimentation Couche Tard Inc / ATD-A.CA TA FAQ
What is the technical rating for ATD-A stock?
ChartMill assigns a technical rating of 6 / 10 to ATD-A.CA.
Can you provide the trend direction for Alimentation Couche Tard Inc?
The current trend direction for Alimentation Couche Tard Inc (ATD-A.CA) is Bullish.
What is the RSI signal for Alimentation Couche Tard Inc (ATD-A.CA) stock?
Alimentation Couche Tard Inc (ATD-A.CA) has an RSI value of 38.8636. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Alimentation Couche Tard Inc?
The buy/sell signal for Alimentation Couche Tard Inc (ATD-A.CA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for Alimentation Couche Tard Inc (ATD-A.CA) stock?
Alimentation Couche Tard Inc (ATD-A.CA) has a support level at 49.53 and a resistance level at 49.93. Check the full technical report for our detailed analysis of ATD-A.CA support and resistance levels.