CHORUS AVIATION INC (CHR.CA) Stock Technical Analysis
TSX:CHR - Toronto Stock Exchange - CA17040T8885 - Common Stock - Currency: CAD
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.
CHR is one of the lesser performing stocks in the Passenger Airlines industry. 62% of 9 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
CHR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CHR is lagging the market slightly.
In the last month CHR has a been trading in the 20.42 - 23.50 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CHR did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CHR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CHR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.40
23.97
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.06 to 21.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.16 to 20.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | 76.15 | POSITIVE | CHR.CA has a high relative strength, it outperformed 76.15% 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) | 66.72 | NEUTRAL | The RSI value for CHR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CHR.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.58 | OVERBOUGHT | The high Stochastics value suggests CHR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CHR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 58.14 | 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 |
|---|---|---|---|
| 23.74 | 21.92 | 1.82 (7.67%) | 13.04% |
| An entry @23.74. This is a Buy Stop order right above the resistance zone. | An exit @21.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.82 points, which is 7.67%. | When investing 13.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (7/17/2025, 7:00:00 PM)
23.19
-0.07 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-0.3%
1 Week1.89%
2 Weeks4.22%
1 Month12.35%
3 Month24.68%
6 Month18.32%
12 Month24.08%
2 Year3.2%
3 Year4.51%
5 Year40.38%
10 Year-48.4%
15 Year-24.19%
Volatility
ATR(14)0.66
ATR(20)%2.66%
ATR Inc3.54%
Range Today0.57
ADR(20)0.6
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.15
Mansfield0.51
10 Day High23.5
10 Day Low21.93
20 Day High23.5
20 Day Low20.42
52 Week High24.08
52 Week Low16.87
CS1 End21.31
CR1 Start23.66
Volume & EV
DER(3)8.4%
DER(5)3.12%
Volume39.08K
Volume Incr-32.66%
Vol(5)43.41K
Vol(50)47.37K