KITS EYECARE LTD (KITS.CA) Stock Technical Analysis
TSX:KITS - Toronto Stock Exchange - CA49804N1042 - Common Stock - Currency: CAD
Taking everything into account, KITS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KITS is showing a nice and steady performance.
Warning: KITS has an average volume of 24412 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that KITS is one of the better performing stocks in the market, outperforming 90% of all stocks.
KITS is part of the Specialty Retail industry. There are 17 other stocks in this industry. KITS outperforms 81% of them.
KITS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month KITS has a been trading in the 13.20 - 15.22 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.
Although KITS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.27
15.36
When analyzing the support we can see 3 important areas.
- Support @13.58 from a trend line in the daily time frame.
- A support zone ranging from 12.92 to 13.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.36 from a trend line in the weekly 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 KITS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KITS.CA is up. |
| ChartMill Relative Strength | 90.49 | POSITIVE | KITS.CA has a high relative strength, it outperformed 90.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KITS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KITS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KITS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.1 | OVERBOUGHT | The high RSI value suggests KITS.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests KITS.CA has a positive trend. |
| Stochastics (14,3) | 82.19 | OVERBOUGHT | The high Stochastics value suggests KITS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for KITS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.34 | POSITIVE | The high ADX value value for KITS.CA suggests a strong 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:KITS (6/30/2025, 7:00:00 PM)
15.21
+0.67 (+4.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg4.61%
1 Week10.86%
2 Weeks11.92%
1 Month5.7%
3 Month47.38%
6 Month83.03%
12 Month69%
2 Year223.62%
3 Year591.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.14%
ATR Inc96.46%
Range Today0.79
ADR(20)0.47
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.49
Mansfield3.75
10 Day High15.23
10 Day Low13.2
20 Day High15.23
20 Day Low13.2
52 Week High15.23
52 Week Low7.13
CS1 End13.52
CR1 Start14.55
Volume & EV
DER(3)8.2%
DER(5)4.73%
Volume82.91K
Volume Incr94.45%
Vol(5)43.26K
Vol(50)24.41K