QUEBECOR INC -CL B (QBR-B.CA) Stock Technical Analysis
TSX:QBR-B - Toronto Stock Exchange - CA7481932084 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to QBR-B. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QBR-B is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, QBR-B did better than 80% of all other stocks. We also observe that the gains produced by QBR-B over the past year are nicely spread over this period.
QBR-B is part of the Diversified Telecommunication Services industry. There are 30 other stocks in this industry. QBR-B outperforms 86% of them.
QBR-B is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so QBR-B is leading the market.
In the last month QBR-B has a been trading in the 36.30 - 39.92 range, which is quite wide. It is currently trading near the high of this range.
QBR-B 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 very little resistance above the current price. There is a support zone below the current price at 38.87, a Stop Loss order could be placed below this zone.
More info and screens
27.40
39.54
When analyzing the support we can see 6 important areas.
- A support zone ranging from 38.28 to 38.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 36.96 to 37.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.60 from a horizontal line in the daily time frame.
- A support zone ranging from 34.41 to 34.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.54 from a trend line in the weekly time frame.
- Support @27.68 from a horizontal 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 QBR-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QBR-B.CA is up. |
| ChartMill Relative Strength | 80.54 | POSITIVE | QBR-B.CA has a high relative strength, it outperformed 80.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QBR-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QBR-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QBR-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.07 | NEUTRAL | The RSI value for QBR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests QBR-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.73 | OVERBOUGHT | The high Stochastics value suggests QBR-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for QBR-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.38 | POSITIVE | The high ADX value value for QBR-B.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 |
|---|---|---|---|
| 39.93 | 38.27 | 1.66 (4.16%) | 24.05% |
| An entry @39.93. This is a Buy Stop order right above the 10 day high. | An exit @38.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.66 points, which is 4.16%. | When investing 24.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:QBR-B (6/6/2025, 7:00:00 PM)
39.15
-0.57 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-1.44%
1 Week1.4%
2 Weeks3.46%
1 Month2.81%
3 Month8.39%
6 Month17.46%
12 Month35.37%
2 Year19.91%
3 Year42.31%
5 Year34.21%
10 Year150.8%
15 Year862.8%
Volatility
ATR(14)0.81
ATR(20)%2.04%
ATR Inc-18.4%
Range Today0.77
ADR(20)0.79
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.54
Mansfield1.14
10 Day High39.92
10 Day Low37.41
20 Day High39.92
20 Day Low36.3
52 Week High39.92
52 Week Low27.84
CS1 End38.87
CR1 StartN/A
Volume & EV
DER(3)-0.02%
DER(5)-0.3%
Volume648.40K
Volume Incr-27.41%
Vol(5)684.18K
Vol(50)867.41K