CHORUS AVIATION INC (CHR-DB-A.CA) Stock Technical Analysis
TSX:CHR-DB-A - CA17040TAD42
99.96 CAD
-0.01 (-0.01%)
Overall CHR-DB-A gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CHR-DB-A is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
CHR-DB-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, CHR-DB-A outperforms 46% of them, which is more or less in line with the market.
In the last month CHR-DB-A has a been trading in a tight range between 99.91 and 100.20.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CHR-DB-A does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
91.93
101.20
3 important support areas can be observed.
- A support zone ranging from 98.84 to 99.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.11 to 96.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 92.86 to 94.25. 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 99.98 to 100.20. 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 | UP | POSITIVE | The long term trend for CHR-DB-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHR-DB-A.CA is up. |
| ChartMill Relative Strength | 46.31 | NEUTRAL | CHR-DB-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHR-DB-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHR-DB-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHR-DB-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.97 | NEUTRAL | The RSI value for CHR-DB-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CHR-DB-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.44 | OVERSOLD | The low Stochastics value suggests CHR-DB-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.06 | LOW VOLATILITY | The low ATR as a percentage value for CHR-DB-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.34 | NEGATIVE | The low ADX value for CHR-DB-A.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 |
|---|---|---|---|
| 99.99 | 99.94 | 0.05 (0.05%) | 25.00% |
| An entry @99.99. This is a Buy Stop order right above the 10 day moving average. | An exit @99.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.05%. | For a 0.01% 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 CHR-DB-A. 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:CHR-DB-A (12/24/2024, 7:00:00 PM)
99.96
-0.01 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.01%
1 Week0%
2 Weeks-0.14%
1 Month-0.04%
3 Month0.26%
6 Month2.52%
12 Month6.05%
2 Year5.78%
3 Year0.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.06%
ATR Inc-81.82%
Range Today0
ADR(20)0.03
ADR(20)%0.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.31
Mansfield-0.88
10 Day High100.05
10 Day Low99.95
20 Day High100.2
20 Day Low99.91
52 Week High100.2
52 Week Low94
CS1 End99.81
CR1 Start99.98
Volume & EV
DER(3)0%
DER(5)0%
Volume25.00K
Volume Incr-91.7%
Vol(5)35.00K
Vol(50)187.58K