CHEMTRADE LOGISTICS INC (CHE-DB-G.CA) Stock Technical Analysis
TSX:CHE-DB-G - Toronto Stock Exchange - CA16387PAL72 - Currency: CAD
Taking everything into account, CHE-DB-G scores 8 out of 10 in our technical rating. Although CHE-DB-G is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
CHE-DB-G 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 CHE-DB-G is lagging the market slightly.
CHE-DB-G 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, CHE-DB-G turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
CHE-DB-G is an average performer in the Chemicals industry, it outperforms 55% of 28 stocks in the same industry.
In the last month CHE-DB-G has a been trading in a tight range between 115.29 and 119.45.
Although CHE-DB-G has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
98.35
124.63
3 important support areas can be observed.
- A support zone ranging from 111.00 to 112.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 103.50 to 107.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @99.34 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 117.12 to 117.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @121.00 from a horizontal line in the weekly time frame.
- Resistance @123.40 from a horizontal line 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 CHE-DB-G.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHE-DB-G.CA is up. |
| ChartMill Relative Strength | 49.83 | NEUTRAL | CHE-DB-G.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-G.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHE-DB-G.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHE-DB-G.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.47 | NEUTRAL | The RSI value for CHE-DB-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests CHE-DB-G.CA has a negative trend. |
| Stochastics (14,3) | 32.61 | NEUTRAL | The Stochastics value for CHE-DB-G.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for CHE-DB-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.48 | POSITIVE | The high ADX value value for CHE-DB-G.CA suggests a strong 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-G (7/9/2025, 7:00:00 PM)
116.78
-0.72 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.61%
1 Week0.03%
2 Weeks0.2%
1 Month1.32%
3 Month7.14%
6 Month-1.03%
12 Month12.39%
2 Year13.38%
3 Year16.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%0.63%
ATR Inc67.72%
Range Today0.72
ADR(20)0.35
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
CRS49.83
Mansfield-0.46
10 Day High117.5
10 Day Low116.19
20 Day High119.45
20 Day Low115.29
52 Week High123.4
52 Week Low101.45
CS1 End112.05
CR1 Start117.12
Volume & EV
DER(3)0%
DER(5)0%
Volume3.00M
Volume Incr288.18%
Vol(5)1.01M
Vol(50)327.16K