CANADIAN TIRE CORP (CTC.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CTC - CA1366811034 - Common Stock
We assign a technical rating of 0 out of 10 to CTC. CTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 87% of all other stocks performed better in the past year than CTC.
- CTC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: CTC has an average volume of 441 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- CTC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTC is lagging the market slightly.
CTC has a poor technical rating and the quality of the setup is also not perfect 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
197.00
2 important support areas can be observed.
- Support @208.99 from a horizontal line in the daily time frame.
- A support zone ranging from 198.99 to 202.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 220.11 to 220.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 240.76 to 244.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @252.03 from a trend line in the weekly time frame.
- A resistance zone ranging from 260.99 to 268.00. 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 | DOWN | NEGATIVE | The long term trend for CTC.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTC.CA is down. |
| ChartMill Relative Strength | 13.33 | NEGATIVE | CTC.CA has a low relative strength, it was outperformed by 86.67% off all stocks 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) | DOWN | NEGATIVE | The current price of CTC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CTC.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.01 | NEUTRAL | The RSI value for CTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CTC.CA has a positive trend. |
| Stochastics (14,3) | 41.11 | NEUTRAL | The Stochastics value for CTC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for CTC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for CTC.CA suggests a possible start of a new trend. |
TSX:CTC (1/19/2026, 7:00:00 PM)
220.1
0 (0%)
CANADIAN TIRE CORP / CTC.CA FAQ
Can you provide the ChartMill technical rating for CANADIAN TIRE CORP?
ChartMill assigns a technical rating of 0 / 10 to CTC.CA.
Can you provide the trend direction for CANADIAN TIRE CORP?
The current trend direction for CANADIAN TIRE CORP (CTC.CA) is Bearish.
What is the RSI signal for CANADIAN TIRE CORP (CTC.CA) stock?
CANADIAN TIRE CORP (CTC.CA) has an RSI value of 40.0081. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CANADIAN TIRE CORP?
The short term momentum for CANADIAN TIRE CORP (CTC.CA) is negative.
Can you provide the buy/sell signal for CANADIAN TIRE CORP?
The buy/sell signal for CANADIAN TIRE CORP (CTC.CA) is sell as both the short term and long term trends are negative.