CANADIAN BANC CORP (BK.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BK - CA13536V1076
Taking everything into account, BK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BK is showing a nice and steady performance.
Besides having an excellent technical rating, BK also presents a decent setup pattern. 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 resistance zone just above the current price starting at 14.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.57, a Stop Loss order could be placed below this zone.
More info and screens
8.43
5 important support areas can be observed.
- A support zone ranging from 14.45 to 14.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.78 from a trend line in the daily time frame.
- Support @12.35 from a horizontal line in the daily time frame.
- Support @8.86 from a horizontal line in the weekly time frame.
- Support @8.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.99 to 14.99. 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 BK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BK.CA is up. |
| ChartMill Relative Strength | 76.61 | POSITIVE | BK.CA has a high relative strength, it outperformed 76.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.07 | NEUTRAL | The RSI value for BK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BK.CA has a negative trend. |
| Stochastics (14,3) | 50.05 | NEUTRAL | The Stochastics value for BK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for BK.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 51.08 | POSITIVE | The high ADX value value for BK.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 14.72 | 14.50 | 0.22 (1.49%) | 25.00% |
| An entry @14.72. This is a Buy Stop order right above the 10 day moving average. | An exit @14.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.22 points, which is 1.49%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BK. Please evaluate whether better entry and exit points can be found.
- 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:BK (1/7/2026, 7:00:00 PM)
14.65
-0.02 (-0.14%)
CANADIAN BANC CORP / BK.CA FAQ
Can you provide the ChartMill technical rating for CANADIAN BANC CORP?
ChartMill assigns a technical rating of 10 / 10 to BK.CA.
What is the trend direction for BK stock?
The current trend direction for CANADIAN BANC CORP (BK.CA) is Bullish.
What is the RSI signal for CANADIAN BANC CORP (BK.CA) stock?
CANADIAN BANC CORP (BK.CA) has an RSI value of 67.0709. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CANADIAN BANC CORP?
The short term momentum for CANADIAN BANC CORP (BK.CA) is positive.
What are the support and resistance levels for CANADIAN BANC CORP (BK.CA) stock?
CANADIAN BANC CORP (BK.CA) has a support level at 14.57 and a resistance level at 14.99. Check the full technical report for our detailed analysis of BK.CA support and resistance levels.