CANADIAN PACIFIC KANSAS CITY (CP) Stock Technical Analysis
NYSE:CP - New York Stock Exchange, Inc. - CA13646K1084 - Common Stock - Currency: USD
Taking everything into account, CP scores 0 out of 10 in our technical rating. CP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CP is a bad performer in the overall market: 81% of all stocks are doing better.
In the last month CP has a been trading in the 72.33 - 78.20 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CP has an average volume of 2938110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CP is an average performer in the Ground Transportation industry, it outperforms 56% of 40 stocks in the same industry.
CP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CP is lagging the market.
CP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 73.75, a Stop Loss order could be placed below this zone.
More info and screens
68.73
83.23
We found 3 important support areas.
- A support zone ranging from 73.34 to 73.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @71.84 from a horizontal line in the daily time frame.
- A support zone ranging from 69.42 to 69.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 80.19 to 82.41. 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 | DOWN | NEGATIVE | The long term trend for CP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CP is down. |
| ChartMill Relative Strength | 19.64 | NEGATIVE | CP has a low relative strength, it was outperformed by 80.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.78 | NEUTRAL | The RSI value for CP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CP has a positive trend. |
| Stochastics (14,3) | 39.38 | NEUTRAL | The Stochastics value for CP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for CP suggests a possible start of a new 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)
74.29
-0.55 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.73%
1 Week-0.17%
2 Weeks-0.35%
1 Month-4.42%
3 Month-6.65%
6 Month-3.32%
12 Month-8.75%
2 Year-5.72%
3 Year-0.03%
5 Year26.56%
10 Year157.71%
15 Year534.45%
Volatility
ATR(14)1.62
ATR(20)%2.08%
ATR Inc-0.3%
Range Today1.08
ADR(20)1.5
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.64
Mansfield-1.13
10 Day High77
10 Day Low73.22
20 Day High78.2
20 Day Low72.33
52 Week High87.72
52 Week Low66.49
CS1 End73.75
CR1 Start80.19
Volume & EV
DER(3)2%
DER(5)0.23%
Volume2.15M
Volume Incr-27.49%
Vol(5)2.55M
Vol(50)2.94M