CANADIAN TIRE CORP-CLASS A (CTC-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CTC-A - CA1366812024 - Common Stock
Taking everything into account, CTC-A scores 4 out of 10 in our technical rating. CTC-A has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, CTC-A is a bad performer in the overall market: 62% of all stocks are doing better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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.
- In the last month CTC-A has a been trading in a tight range between 170.37 and 179.75.
CTC-A has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 176.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 175.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CTC-A in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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5 important support areas can be observed.
- A support zone ranging from 171.92 to 175.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @167.20 from a trend line in the weekly time frame.
- Support @163.35 from a horizontal line in the daily time frame.
- 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 @156.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 176.09 to 177.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for CTC-A.CA is neutral. |
| ChartMill Relative Strength | 38.2 | NEUTRAL | CTC-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTC-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTC-A.CA is above the rising 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) | 55.79 | NEUTRAL | The RSI value for CTC-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests CTC-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.86 | NEUTRAL | The Stochastics value for CTC-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for CTC-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for CTC-A.CA suggests a possible start of a new trend. |
TSX:CTC-A (1/23/2026, 7:00:00 PM)
175.92
+0.56 (+0.32%)
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 4 / 10 to CTC-A.CA.
What is the trend direction for CTC-A 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 55.7943. This indicates that the stock is currently neutral.
What is the short term momentum for CTC-A stock?
The short term momentum for CANADIAN TIRE CORP-CLASS A (CTC-A.CA) is neutral.
What is the support and resistance level for CTC-A stock?
CANADIAN TIRE CORP-CLASS A (CTC-A.CA) has a support level at 175.48 and a resistance level at 176.09. Check the full technical report for our detailed analysis of CTC-A.CA support and resistance levels.