CANADIAN TIRE CORP-CLASS A (CTC-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CTC-A - CA1366812024 - Common Stock
We assign a technical rating of 1 out of 10 to CTC-A. CTC-A has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, CTC-A does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 162.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
140.38
We found 4 important support areas.
- A support zone ranging from 162.44 to 162.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 159.69 to 159.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @153.94 from a trend line in the weekly time frame.
- Support @141.80 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 167.94 to 174.56. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for CTC-A.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTC-A.CA is down. |
| ChartMill Relative Strength | 45.01 | NEUTRAL | CTC-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTC-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTC-A.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTC-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.56 | NEUTRAL | The RSI value for CTC-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests CTC-A.CA has a negative trend. |
| Stochastics (14,3) | 47.29 | NEUTRAL | The Stochastics value for CTC-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CTC-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.56 | NEGATIVE | The low ADX value for CTC-A.CA suggests a weak or negative trend. |
TSX:CTC-A (11/21/2025, 7:00:00 PM)
166.65
+0.8 (+0.48%)
CANADIAN TIRE CORP-CLASS A / CTC-A.CA FAQ
Can you provide the ChartMill technical rating for CANADIAN TIRE CORP-CLASS A?
ChartMill assigns a technical rating of 1 / 10 to CTC-A.CA.
What is the current trend direction of CANADIAN TIRE CORP-CLASS A (CTC-A.CA) stock?
The current trend direction for CANADIAN TIRE CORP-CLASS A (CTC-A.CA) is Bearish.
What is the RSI signal for CANADIAN TIRE CORP-CLASS A (CTC-A.CA) stock?
CANADIAN TIRE CORP-CLASS A (CTC-A.CA) has an RSI value of 45.5637. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CANADIAN TIRE CORP-CLASS A?
The MACD indicator for CANADIAN TIRE CORP-CLASS A (CTC-A.CA) has a value of -0.195347, indicating a bearish trend.
Can you provide the support and resistance levels for CANADIAN TIRE CORP-CLASS A?
CANADIAN TIRE CORP-CLASS A (CTC-A.CA) has a support level at 162.62 and a resistance level at 167.94. Check the full technical report for our detailed analysis of CTC-A.CA support and resistance levels.