CASCADES INC (CAS.CA) Stock Technical Analysis
TSX:CAS - Toronto Stock Exchange - CA1469001053 - Common Stock - Currency: CAD
Taking everything into account, CAS scores 0 out of 10 in our technical rating. CAS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CAS is a bad performer in the overall market: 82% of all stocks are doing better.
CAS is one of the lesser performing stocks in the Containers & Packaging industry. 100% of 9 stocks in the same industry do better.
CAS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CAS is lagging the market.
In the last month CAS has a been trading in the 8.30 - 9.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CAS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
8.56
12.69
We can see 2 important resistance areas.
- A resistance zone ranging from 8.65 to 8.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.56 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for CAS.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAS.CA is down. |
| ChartMill Relative Strength | 18.95 | NEGATIVE | CAS.CA has a low relative strength, it was outperformed by 81.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAS.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAS.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.67 | NEUTRAL | The RSI value for CAS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CAS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.37 | NEUTRAL | The Stochastics value for CAS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for CAS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for CAS.CA suggests a weak or negative 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)
TSX:CAS (5/22/2025, 7:00:00 PM)
8.65
-0.09 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.03%
1 Week0.35%
2 Weeks-3.24%
1 Month-3.78%
3 Month-24.39%
6 Month-23.72%
12 Month-10.18%
2 Year-19.31%
3 Year-16.1%
5 Year-38.74%
10 Year11.76%
15 Year25.91%
Volatility
ATR(14)0.26
ATR(20)%2.7%
ATR Inc-18.76%
Range Today0.21
ADR(20)0.23
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.95
Mansfield-1.8
10 Day High9.25
10 Day Low8.3
20 Day High9.25
20 Day Low8.3
52 Week High13.42
52 Week Low8.3
CS1 EndN/A
CR1 Start8.65
Volume & EV
DER(3)-2.31%
DER(5)-0.92%
Volume486.04K
Volume Incr76.17%
Vol(5)571.87K
Vol(50)281.12K