CHORUS AVIATION INC (CHR.CA) Stock Technical Analysis
TSX:CHR - Toronto Stock Exchange - CA17040T8885 - Common Stock - Currency: CAD
Overall CHR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CHR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CHR is one of the better performing stocks in the market, outperforming 77% of all stocks.
CHR is one of the better performing stocks in the Passenger Airlines industry, it outperforms 71% of 8 stocks in the same industry.
In the last month CHR has a been trading in the 19.55 - 21.32 range, which is quite wide. It is currently trading near the high of this range.
CHR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHR is lagging the market.
CHR has an excellent technical rating, but the quality of the setup is only medium 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
18.28
21.29
We found 4 important support areas.
- A support zone ranging from 20.61 to 20.90. 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 20.16 to 20.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.28 from a trend line in the weekly time frame.
- Support @18.46 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHR.CA is up. |
| ChartMill Relative Strength | 77.38 | POSITIVE | CHR.CA has a high relative strength, it outperformed 77.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.01 | NEUTRAL | The RSI value for CHR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CHR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.06 | NEUTRAL | The Stochastics value for CHR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for CHR.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 50.6 | POSITIVE | The high ADX value value for CHR.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)
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 |
|---|---|---|---|
| 21.21 | 20.60 | 0.61 (2.88%) | 25.00% |
| An entry @21.21. This is a Buy Stop order right above the 10 day high. | An exit @20.60. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.61 points, which is 2.88%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (6/16/2025, 7:00:00 PM)
21.08
+0.47 (+2.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg2.28%
1 Week1.05%
2 Weeks1.3%
1 Month5.45%
3 Month1.74%
6 Month2.43%
12 Month36.88%
2 Year-0.61%
3 Year-7.91%
5 Year1.05%
10 Year-54.44%
15 Year-26.55%
Volatility
ATR(14)0.39
ATR(20)%1.98%
ATR Inc25.53%
Range Today0.55
ADR(20)0.41
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.38
Mansfield0.04
10 Day High21.2
10 Day Low20.61
20 Day High21.32
20 Day Low19.55
52 Week High24.08
52 Week Low15.19
CS1 End20.9
CR1 StartN/A
Volume & EV
DER(3)-5.8%
DER(5)-5.51%
Volume46.21K
Volume Incr15.84%
Vol(5)38.21K
Vol(50)34.24K