CHEMTRADE LOGISTICS INC (CHE-DB-E.CA) Stock Technical Analysis
TSX:CHE-DB-E - Toronto Stock Exchange - CA16387PAJ27 - Currency: CAD
We assign a technical rating of 1 out of 10 to CHE-DB-E. CHE-DB-E scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, CHE-DB-E is a bad performer in the overall market: 66% of all stocks are doing better.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CHE-DB-E is part of the Chemicals industry. There are 29 other stocks in this industry, CHE-DB-E did better than 50% of them.
CHE-DB-E 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 CHE-DB-E is lagging the market slightly.
In the last month CHE-DB-E has a been trading in a tight range between 101.00 and 103.10.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CHE-DB-E does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 100.51, a Stop Loss order could be placed below this zone.
More info and screens
98.75
105.04
When analyzing the support we notice one important area.
- A support zone ranging from 99.75 to 100.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 101.78 to 104.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for CHE-DB-E.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHE-DB-E.CA is down. |
| ChartMill Relative Strength | 34.42 | NEUTRAL | CHE-DB-E.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHE-DB-E.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHE-DB-E.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CHE-DB-E.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.69 | NEUTRAL | The RSI value for CHE-DB-E.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CHE-DB-E.CA has a negative trend. |
| Stochastics (14,3) | 0.42 | OVERSOLD | The low Stochastics value suggests CHE-DB-E.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for CHE-DB-E.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for CHE-DB-E.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:CHE-DB-E (6/6/2025, 7:00:00 PM)
101.51
+0.01 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.01%
1 Week-0.37%
2 Weeks0%
1 Month0.11%
3 Month-0.97%
6 Month-0.72%
12 Month1.26%
2 Year3.03%
3 Year3.07%
5 Year49.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%0.46%
ATR Inc-98.2%
Range Today0.01
ADR(20)0.3
ADR(20)%0.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.42
Mansfield-0.53
10 Day High102.5
10 Day Low101.5
20 Day High103.1
20 Day Low101
52 Week High105.99
52 Week Low99.52
CS1 End100.51
CR1 Start101.78
Volume & EV
DER(3)0%
DER(5)0%
Volume61.00K
Volume Incr-29.87%
Vol(5)27.00K
Vol(50)42.04K