CCL INDUSTRIES INC - CL B (CCL-B.CA) Stock Technical Analysis
TSX:CCL-B - Toronto Stock Exchange - CA1249003098 - Common Stock - Currency: CAD
We assign a technical rating of 8 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 9 other stocks in this industry, of which 62% are performing better than CCL-B.
Both the short term and long term trends are positive. This is a very positive sign.
CCL-B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCL-B is lagging the market slightly.
When compared to the yearly performance of all other stocks, CCL-B outperforms 57% of them, which is more or less in line with the market.
In the last month CCL-B has a been trading in the 76.59 - 81.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CCL-B has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 79.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
67.92
80.97
We found 3 important support areas.
- A support zone ranging from 76.96 to 79.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.91 from a trend line in the weekly time frame.
- Support @68.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.04 to 80.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for CCL-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCL-B.CA is up. |
| ChartMill Relative Strength | 57.23 | NEUTRAL | CCL-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCL-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCL-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CCL-B.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.18 | NEUTRAL | The RSI value for CCL-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CCL-B.CA has a negative trend. |
| Stochastics (14,3) | 58.53 | NEUTRAL | The Stochastics value for CCL-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for CCL-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.45 | NEGATIVE | The low ADX value for CCL-B.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)
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 |
|---|---|---|---|
| 80.18 | 78.73 | 1.45 (1.81%) | 25.00% |
| An entry @80.18. This is a Buy Stop order right above the resistance zone. | An exit @78.73. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.45 points, which is 1.81%. | For a 0.45% 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 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.
TSX:CCL-B (7/14/2025, 7:00:00 PM)
79.75
+0.4 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.5%
1 Week0.04%
2 Weeks0.55%
1 Month2.73%
3 Month16.22%
6 Month11.63%
12 Month8.65%
2 Year26.15%
3 Year23.97%
5 Year78.97%
10 Year989.66%
15 Year6669.95%
Volatility
ATR(14)1.24
ATR(20)%1.51%
ATR Inc-35.39%
Range Today0.69
ADR(20)1.2
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.23
Mansfield-0.27
10 Day High81.36
10 Day Low78.74
20 Day High81.36
20 Day Low76.6
52 Week High84.7
52 Week Low64.93
CS1 End79.07
CR1 Start80.04
Volume & EV
DER(3)-1.76%
DER(5)-0.94%
Volume155.55K
Volume Incr-14.44%
Vol(5)195.93K
Vol(50)273.90K