CHORUS AVIATION INC (CHR.CA) Stock Technical Analysis
Canada - TSX:CHR - CA17040T8885 - Common Stock
We assign a technical rating of 8 out of 10 to CHR. Although CHR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, CHR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.16, a Stop Loss order could be placed below this zone.
More info and screens
19.45
We found 3 important support areas.
- A support zone ranging from 22.93 to 23.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.20 to 20.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.65 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @23.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 23.66 to 23.73. This zone is formed by a combination of multiple trend lines 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHR.CA is up. |
| ChartMill Relative Strength | 42.25 | NEUTRAL | CHR.CA is not amongst the best or worst performers 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) | 67.34 | NEUTRAL | The RSI value for CHR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CHR.CA has a negative trend. |
| Stochastics (14,3) | 65.42 | NEUTRAL | The Stochastics value for CHR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for CHR.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 50.26 | POSITIVE | The high ADX value value for CHR.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 23.27 | 22.92 | 0.35 (1.50%) | 25.00% |
| An entry @23.27. This is a Buy Stop order right above the resistance zone. | An exit @22.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.35 points, which is 1.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.38%. |
- 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 (10/31/2025, 7:00:00 PM)
23.17
+0.07 (+0.3%)
CHORUS AVIATION INC / CHR.CA FAQ
What is the technical rating for CHR stock?
ChartMill assigns a technical rating of 8 / 10 to CHR.CA.
What is the trend direction for CHR stock?
The current trend direction for CHORUS AVIATION INC (CHR.CA) is Bullish.
Can you provide the RSI signal for CHORUS AVIATION INC?
CHORUS AVIATION INC (CHR.CA) has an RSI value of 67.3449. This indicates that the stock is currently neutral.
What is the MACD signal for CHORUS AVIATION INC (CHR.CA) stock?
The MACD indicator for CHORUS AVIATION INC (CHR.CA) has a value of -0.0640953, indicating a bearish trend.
What are the support and resistance levels for CHORUS AVIATION INC (CHR.CA) stock?
CHORUS AVIATION INC (CHR.CA) has a support level at 23.16 and a resistance level at 23.26. Check the full technical report for our detailed analysis of CHR.CA support and resistance levels.