CANADIAN TIRE CORP (CTC.CA) Stock Technical Analysis
TSX:CTC - Toronto Stock Exchange - CA1366811034 - Common Stock - Currency: CAD
Overall CTC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CTC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: CTC has an average volume of 432 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CTC is one of the better performing stocks in the market, outperforming 73% of all stocks.
CTC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CTC is leading the market.
In the last month CTC has a been trading in the 0.00 - 264.01 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CTC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 225.00, a Stop Loss order could be placed below this zone.
More info and screens
199.98
266.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 219.36 to 225.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @202.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 264.02 to 264.02. 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 | UP | POSITIVE | The long term trend for CTC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTC.CA is up. |
| ChartMill Relative Strength | 73.97 | POSITIVE | CTC.CA has a high relative strength, it outperformed 73.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.95 | NEUTRAL | The RSI value for CTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.43 | POSITIVE | The MACD value suggests CTC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.87 | OVERBOUGHT | The high Stochastics value suggests CTC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.6 | HIGH VOLATILITY | The high ATR as a percentage value for CTC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.06 | 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 (6/4/2025, 7:00:00 PM)
264.01
+2.01 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.77%
1 Week10%
2 Weeks15.29%
1 Month26.62%
3 Month13.64%
6 Month13.8%
12 Month15.35%
2 Year-8.36%
3 Year-17.5%
5 Year20%
10 Year17.13%
15 Year309%
Volatility
ATR(14)37.28
ATR(20)%10.6%
ATR Inc-86.63%
Range Today0
ADR(20)2.16
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.97
Mansfield1.02
10 Day High264.01
10 Day Low225.01
20 Day High264.01
20 Day Low0
52 Week High275.36
52 Week Low0
CS1 End225
CR1 Start264.02
Volume & EV
DER(3)0%
DER(5)0%
Volume230
Volume Incr128.96%
Vol(5)804.8
Vol(50)432.26