SAVARIA CORP (SIS.CA) Stock Technical Analysis
TSX:SIS - Toronto Stock Exchange - CA8051121090 - Common Stock - Currency: CAD
Overall SIS gets a technical rating of 7 out of 10. In the last year, SIS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Besides having an excellent technical rating, SIS 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 19.51. Right above this resistance zone may be a good entry point.
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15.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.26 to 19.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.00 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.51 to 19.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.35 from a horizontal line in the daily 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 SIS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIS.CA is up. |
| ChartMill Relative Strength | 69.68 | NEUTRAL | SIS.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIS.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.4 | NEUTRAL | The RSI value for SIS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SIS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.93 | NEUTRAL | The Stochastics value for SIS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SIS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 42.09 | POSITIVE | The high ADX value value for SIS.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 19.82 | 19.25 | 0.57 (2.88%) | 25.00% |
| An entry @19.82. This is a Buy Stop order right above the resistance zone. | An exit @19.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.57 points, which is 2.88%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- The distance between exit and entry is rather small compared to the average daily movement of SIS. 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:SIS (5/22/2025, 7:00:00 PM)
19.27
-0.05 (-0.26%)