Logo image of CCL-B.CA

CCL INDUSTRIES INC - CL B (CCL-B.CA) Stock Technical Analysis

TSX:CCL-B - Toronto Stock Exchange - CA1249003098 - Common Stock - Currency: CAD

77.63  -0.39 (-0.5%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to CCL-B. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CCL-B is only an average performer.

CCL-B is part of the Containers & Packaging industry. There are 8 other stocks in this industry, of which 71% are performing better than CCL-B.
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.
CCL-B is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, CCL-B turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
CCL-B is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCL-B is lagging the market slightly.
Weekly and Daily overview Charts
CCL INDUSTRIES INC - CL B / CCL-B Weekly stock chart
CCL INDUSTRIES INC - CL B / CCL-B Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, CCL-B also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 77.62, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

66.93

85.04

When analyzing the support we can see 3 important areas.

  • Support @77.62 from a horizontal line in the daily time frame.
  • Support @69.02 from a trend line in the weekly time frame.
  • Support @67.61 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 78.27 to 79.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 82.45 to 84.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CCL-B.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CCL-B.CA is neutral.
ChartMill Relative Strength58.16NEUTRALCCL-B.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of CCL-B.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CCL-B.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CCL-B.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)52.96NEUTRALThe RSI value for CCL-B.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.44NEGATIVEThe MACD value suggests CCL-B.CA has a negative trend.
Stochastics (14,3)35.28NEUTRALThe Stochastics value for CCL-B.CA is a neutral value.
Average True Range in percent/ATR (20)1.83LOW VOLATILITYThe low ATR as a percentage value for CCL-B.CA suggests low volalility.
Average Directional Index/ADX (14)28.3POSITIVEThe high ADX value value for CCL-B.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
78.2877.610.67 (0.85%)25.00%
An entry @78.28. This is a Buy Stop order right above the 10 day moving average.An exit @77.61. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.67 points, which is 0.85%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%.

  • The distance between exit and entry is rather small compared to the average daily movement of CCL-B. 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.
CCL INDUSTRIES INC - CL B / CCL-B Daily stock chart

CCL INDUSTRIES INC - CL B

TSX:CCL-B (6/13/2025, 7:00:00 PM)

77.63

-0.39 (-0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.5%
1 Week-0.67%
2 Weeks-3%
1 Month0.43%
3 Month8.24%
6 Month3.91%
12 Month6.81%
2 Year19.21%
3 Year27.6%
5 Year76.91%
10 Year1166.81%
15 Year6709.65%
Volatility
ATR(14)1.34
ATR(20)%1.83%
ATR Inc43.76%
Range Today2.64
ADR(20)1.42
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.16
Mansfield-0.1
10 Day High80.23
10 Day Low75.83
20 Day High80.73
20 Day Low75.83
52 Week High84.7
52 Week Low64.93
CS1 End77.62
CR1 Start78.27
Volume & EV
DER(3)-0.59%
DER(5)-3.22%
Volume237.11K
Volume Incr-32.1%
Vol(5)229.99K
Vol(50)318.64K