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CANADIAN TIRE CORP-CLASS A (CTC-A.CA) Stock Technical Analysis

TSX:CTC-A - Toronto Stock Exchange - CA1366812024 - Common Stock - Currency: CAD

143.99  -1.12 (-0.77%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CTC-A. CTC-A scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

71% of all other stocks performed better in the past year than CTC-A.
In the last month CTC-A has a been trading in the 140.96 - 169.27 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CTC-A is an average performer in the Broadline Retail industry, it outperforms 66% of 4 stocks in the same industry.
CTC-A is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTC-A is lagging the market.
Weekly and Daily overview Charts
CANADIAN TIRE CORP-CLASS A / CTC-A Weekly stock chart
CANADIAN TIRE CORP-CLASS A / CTC-A Daily stock chart
Setup Rating and Analysis

1

The technical rating of CTC-A is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

142.55

168.56

2 important resistance areas can be observed.

  • A resistance zone ranging from 155.44 to 160.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @166.89 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.57
Mansfield-1.07
10 Day High162.16
10 Day Low140.96
20 Day High169.27
20 Day Low140.96
52 Week High169.27
52 Week Low126.25
Performance
1 Week-7.44%
2 Weeks-12%
1 Month-10.56%
3 Month-5.86%
6 Month-5.01%
12 Month2.84%
2 Year-15.34%
3 Year-22.95%
5 Year9.09%
10 Year9.32%
15 Year174.01%
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)
Technical Indicators
MACD(12,26,9)-2.16
RSI(14)27.92
LBB145.13
UBB171.45
CANADIAN TIRE CORP-CLASS A / CTC-A Daily stock chart

CANADIAN TIRE CORP-CLASS A

TSX:CTC-A (2/14/2025, 7:00:00 PM)

143.99

-1.12 (-0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.77%
1 Week-7.44%
2 Weeks-12%
1 Month-10.56%
3 Month-5.86%
6 Month-5.01%
12 Month2.84%
2 Year-15.34%
3 Year-22.95%
5 Year9.09%
10 Year9.32%
15 Year174.01%
Volatility
ATR(14)4.19
ATR(20)%2.69%
ATR Inc147.76%
Range Today3.49
ADR(20)3.57
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.57
Mansfield-1.07
10 Day High162.16
10 Day Low140.96
20 Day High169.27
20 Day Low140.96
52 Week High169.27
52 Week Low126.25
CS1 EndN/A
CR1 Start155.44
Volume & EV
DER(3)-4.23%
DER(5)-0.96%
Volume328.55K
Volume Incr34.87%
Vol(5)442.20K
Vol(50)299.49K