CANADIAN TIRE CORP (CTC.CA) Stock Technical Analysis
Canada - TSX:CTC - CA1366811034 - Common Stock
247 CAD
+0.75 (+0.3%)
Overall CTC gets a technical rating of 4 out of 10. CTC was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, CTC is a bad performer in the overall market: 62% of all stocks are doing better.
Warning: CTC has an average volume of 532 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CTC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CTC has a been trading in the 237.64 - 267.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTC has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
199.98
276.74
5 important support areas can be observed.
- Support @244.44 from a horizontal line in the daily time frame.
- Support @234.99 from a horizontal line in the weekly time frame.
- Support @230.02 from a horizontal line in the daily time frame.
- Support @215.15 from a trend line in the weekly time frame.
- Support @202.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 249.00 to 256.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 264.22 to 268.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 273.99 to 274.00. 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 | UP | POSITIVE | The long term trend for CTC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTC.CA is neutral. |
| ChartMill Relative Strength | 38.61 | NEUTRAL | CTC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CTC.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.06 | NEUTRAL | The RSI value for CTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests CTC.CA has a negative trend. |
| Stochastics (14,3) | 20.43 | NEUTRAL | The Stochastics value for CTC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for CTC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.51 | NEGATIVE | The low ADX value for CTC.CA suggests a weak or negative 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)
TSX:CTC (10/15/2025, 7:00:00 PM)
247
+0.75 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.3%
1 Week-7.68%
2 Weeks-3.52%
1 Month-1.2%
3 Month-5.36%
6 Month9.11%
12 Month14.88%
2 Year-7.32%
3 Year-10.02%
5 Year21.89%
10 Year14.09%
15 Year278.25%
Volatility
ATR(14)7
ATR(20)%2.62%
ATR Inc-41.34%
Range Today0.01
ADR(20)1.88
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.61
Mansfield-0.55
10 Day High267.55
10 Day Low246.1
20 Day High267.55
20 Day Low237.64
52 Week High274.01
52 Week Low0
CS1 End244.44
CR1 Start249
Volume & EV
DER(3)0%
DER(5)0%
Volume408
Volume Incr-15.15%
Vol(5)370.6
Vol(50)532.2