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CANADIAN TIRE CORP (CTC.CA) Stock Technical Analysis

TSX:CTC - Toronto Stock Exchange - CA1366811034 - Common Stock - Currency: CAD

258.58  +6.48 (+2.57%)

Technical Rating and Analysis

8

Overall CTC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CTC is only an average performer.

Warning: CTC has an average volume of 513 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.
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 245.01 - 274.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, CTC turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
Weekly and Daily overview Charts
CANADIAN TIRE CORP / CTC Weekly stock chart
CANADIAN TIRE CORP / CTC Daily stock chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, CTC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

199.98

278.11

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 249.99 to 252.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 244.00 to 245.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @210.08 from a trend line in the weekly time frame.
  • Support @202.00 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 264.40 to 268.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A resistance zone ranging from 274.00 to 275.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CTC.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CTC.CA is up.
ChartMill Relative Strength62.95NEUTRALCTC.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CTC.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CTC.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of CTC.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)53.71NEUTRALThe RSI value for CTC.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-2.11NEGATIVEThe MACD value suggests CTC.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)34.99NEUTRALThe Stochastics value for CTC.CA is a neutral value.
Average True Range in percent/ATR (20)2.73MEDIUM VOLATILITYThe ATR as a percentage value for CTC.CA suggests some volalility.
Average Directional Index/ADX (14)9.18NEGATIVEThe low ADX value for CTC.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
CANADIAN TIRE CORP / CTC Daily stock chart

CANADIAN TIRE CORP

TSX:CTC (7/11/2025, 7:00:00 PM)

258.58

+6.48 (+2.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg2.57%
1 Week3.43%
2 Weeks-5.62%
1 Month3.85%
3 Month22.12%
6 Month19.71%
12 Month7.74%
2 Year-6.99%
3 Year-14.38%
5 Year23.72%
10 Year14.92%
15 Year301.83%
Volatility
ATR(14)7.07
ATR(20)%2.73%
ATR Inc-32.41%
Range Today6.58
ADR(20)3.49
ADR(20)%1.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.95
Mansfield0.43
10 Day High274.01
10 Day Low250
20 Day High274.01
20 Day Low245.01
52 Week High274.01
52 Week Low0
CS1 End252.99
CR1 Start264.4
Volume & EV
DER(3)0%
DER(5)0%
Volume351
Volume Incr-29.71%
Vol(5)459.2
Vol(50)513.16