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 28213 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 KITS is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, KITS also shows a nice and consistent pattern of rising prices.
KITS is one of the better performing stocks in the Specialty Retail industry, it outperforms 73% of 16 stocks in the same industry.
KITS 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.
KITS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, KITS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 16.53. Right above this resistance zone may be a good entry point.
More info and screens
9.43
16.70
We found 3 important support areas.
- A support zone ranging from 15.89 to 15.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.53 from a trend line in the daily time frame.
- Support @9.53 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.53 to 16.53. 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 KITS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KITS.CA is up. |
| ChartMill Relative Strength | 86.77 | POSITIVE | KITS.CA has a high relative strength, it outperformed 86.77% 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) | 62.54 | NEUTRAL | The RSI value for KITS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests KITS.CA has a negative trend. |
| Stochastics (14,3) | 58.45 | NEUTRAL | The Stochastics value for KITS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for KITS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.2 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.54 | 15.88 | 0.66 (3.99%) | 25.00% |
| An entry @16.54. This is a Buy Stop order right above the resistance zone. | An exit @15.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.66 points, which is 3.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of KITS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:KITS (7/22/2025, 7:00:00 PM)
15.94
-0.22 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.36%
1 Week-1.79%
2 Weeks-1.3%
1 Month16.18%
3 Month37.41%
6 Month69.57%
12 Month58.92%
2 Year203.62%
3 Year584.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%2.95%
ATR Inc-22.95%
Range Today0.3
ADR(20)0.46
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.77
Mansfield3.71
10 Day High16.89
10 Day Low15.8
20 Day High16.89
20 Day Low13.58
52 Week High16.89
52 Week Low7.13
CS1 End15.89
CR1 Start16.53
Volume & EV
DER(3)-5.15%
DER(5)-6.13%
Volume20.91K
Volume Incr-37.92%
Vol(5)20.89K
Vol(50)28.21K