CHORUS AVIATION INC (CHR-DB-B.CA) Stock Technical Analysis
TSX:CHR-DB-B - Toronto Stock Exchange - CA17040TAE25 - Currency: CAD
Taking everything into account, CHR-DB-B scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CHR-DB-B is only an average performer.
CHR-DB-B is one of the lesser performing stocks in the Passenger Airlines industry. 75% of 9 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CHR-DB-B is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CHR-DB-B is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, CHR-DB-B outperforms 54% of them, which is more or less in line with the market.
In the last month CHR-DB-B has a been trading in a tight range between 100.01 and 100.75.
Considerably lower volume is observed in the last couple of days.
CHR-DB-B has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 100.26, a Stop Loss order could be placed below this zone.
More info and screens
89.10
106.05
3 important support areas can be observed.
- A support zone ranging from 99.00 to 100.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.80 from a horizontal line in the daily time frame.
- Support @90.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 100.31 to 102.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @105.00 from a horizontal line in the weekly 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 CHR-DB-B.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHR-DB-B.CA is neutral. |
| ChartMill Relative Strength | 54.35 | NEUTRAL | CHR-DB-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHR-DB-B.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHR-DB-B.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHR-DB-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.96 | NEUTRAL | The RSI value for CHR-DB-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CHR-DB-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.91 | NEUTRAL | The Stochastics value for CHR-DB-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for CHR-DB-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 7.31 | NEGATIVE | The low ADX value for CHR-DB-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 |
|---|---|---|---|
| 100.33 | 100.00 | 0.33 (0.32%) | 25.00% |
| An entry @100.33. This is a Buy Stop order right above the 10 day moving average. | An exit @100.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.33 points, which is 0.32%. | For a 0.08% 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-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:CHR-DB-B (5/22/2025, 7:00:00 PM)
100.26
-0.34 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-0.34%
1 Week0.1%
2 Weeks0.21%
1 Month0.05%
3 Month0.14%
6 Month0.56%
12 Month5.7%
2 Year5.54%
3 Year-1.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.22%
ATR Inc-17.43%
Range Today0
ADR(20)0.02
ADR(20)%0.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.35
Mansfield-0.61
10 Day High100.75
10 Day Low100.01
20 Day High100.75
20 Day Low100.01
52 Week High102
52 Week Low88.01
CS1 End100.26
CR1 Start100.31
Volume & EV
DER(3)0%
DER(5)0%
Volume10.00K
Volume Incr-84.46%
Vol(5)6.80K
Vol(50)36.10K