PET VALU HOLDINGS LTD (PET.CA) Stock Technical Analysis
TSX:PET - Toronto Stock Exchange - CA71584R1055 - Common Stock - Currency: CAD
Taking everything into account, PET scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PET is only an average performer.
The long and short term trends are both positive. This is looking good!
PET 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.
PET 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.
Looking at the yearly performance, PET did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
PET is part of the Specialty Retail industry. There are 16 other stocks in this industry, PET did better than 60% of them.
PET has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.26. Right above this resistance zone may be a good entry point.
More info and screens
23.69
34.72
We found 3 important support areas.
- A support zone ranging from 33.74 to 34.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.11 from a horizontal line in the daily time frame.
- Support @23.93 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.26 to 34.38. 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 PET.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PET.CA is up. |
| ChartMill Relative Strength | 76.42 | POSITIVE | PET.CA has a high relative strength, it outperformed 76.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PET.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PET.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PET.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.83 | NEUTRAL | The RSI value for PET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PET.CA has a negative trend. |
| Stochastics (14,3) | 76.16 | NEUTRAL | The Stochastics value for PET.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for PET.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for PET.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)
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 |
|---|---|---|---|
| 34.39 | 33.73 | 0.66 (1.92%) | 25.00% |
| An entry @34.39. This is a Buy Stop order right above the resistance zone. | An exit @33.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.66 points, which is 1.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- The distance between exit and entry is rather small compared to the average daily movement of PET. 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:PET (7/24/2025, 7:00:00 PM)
34.21
+0.04 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.12%
1 Week0.62%
2 Weeks1.6%
1 Month5.65%
3 Month26.1%
6 Month32.08%
12 Month24.9%
2 Year12.16%
3 Year7.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%1.8%
ATR Inc-40.29%
Range Today0.29
ADR(20)0.59
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.42
Mansfield1.58
10 Day High34.59
10 Day Low33.16
20 Day High34.59
20 Day Low31.68
52 Week High34.59
52 Week Low22.53
CS1 End34.2
CR1 Start34.26
Volume & EV
DER(3)-1.25%
DER(5)-1.98%
Volume68.94K
Volume Incr22.18%
Vol(5)130.81K
Vol(50)153.56K