ATD Technical Analysis - ALIMENTATION COUCHE-TARD INC

Technical Rating and Analysis

Taking everything into account, ATD scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ATD is a bad performer.

82% of all other stocks performed better in the past year than ATD.

ATD is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 81% of 17 stocks in the same industry do better.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

ATD has an average volume of 1462600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

ATD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATD is lagging the market.

In the last month ATD has a been trading in a tight range between 71.73 and 75.56.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

ALIMENTATION COUCHE-TARD INC / ATD Weekly stock chart

ALIMENTATION COUCHE-TARD INC / ATD Daily stock chart

Setup Rating and Analysis

Although the technical rating is only medium, ATD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 73.20, a Stop Loss order could be placed below this zone.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

65.87

77.75

4 important support areas can be observed.

A support zone ranging from 71.14 to 73.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Strong support @69.41 from a horizontal line in the daily time frame.
A support zone ranging from 67.64 to 67.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @66.54 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 76.24 to 76.98. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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.CA is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ATD.CA is neutral.
ChartMill Relative Strength	18.86	NEGATIVE	ATD.CA has a low relative strength, it was outperformed by 81.14% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of ATD.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ATD.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of ATD.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)	51.59	NEUTRAL	The RSI value for ATD.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.13	NEGATIVE	The MACD value suggests ATD.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	35.77	NEUTRAL	The Stochastics value for ATD.CA is a neutral value.
Average True Range in percent/ATR (20)	1.56	LOW VOLATILITY	The low ATR as a percentage value for ATD.CA suggests low volalility.
Average Directional Index/ADX (14)	22.04	NEUTRAL	The ADX value for ATD.CA suggests a possible start of a new trend.