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CHORUS AVIATION INC (CHR-DB-A.CA) Stock Technical Analysis

TSX:CHR-DB-A - Toronto Stock Exchange - CA17040TAD42 - Currency: CAD

99.96  -0.01 (-0.01%)

Technical Rating and Analysis

6

Taking everything into account, CHR-DB-A scores 6 out of 10 in our technical rating. Although CHR-DB-A is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

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. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When comparing the performance of all stocks over the past year, CHR-DB-A turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
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.
Weekly and Daily overview Charts
CHORUS AVIATION INC / CHR-DB-A Weekly stock chart
CHORUS AVIATION INC / CHR-DB-A Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is only medium, CHR-DB-A does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

91.93

101.20

When analyzing the support we can see 3 important areas.

  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
Performance
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
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)52.97
LBB99.9
UBB100.07
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
99.9999.940.05 (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%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.01%.

  • 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.
CHORUS AVIATION INC / CHR-DB-A Daily stock chart

CHORUS AVIATION INC

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