Shaw Communications Inc (SJR-A.CA) Stock Technical Analysis
TSX-V:SJR-A - TSX Venture Exchange - CA82028K1012 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to SJR-A. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SJR-A is showing a nice and steady performance.
Warning: SJR-A has an average volume of 1171 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!
SJR-A is part of the Media industry. There are 12 other stocks in this industry. SJR-A outperforms 81% of them.
SJR-A 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 SJR-A is leading the market.
In the last month SJR-A has a been trading in the 37.45 - 40.74 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SJR-A did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although SJR-A has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
32.73
40.89
5 important support areas can be observed.
- A support zone ranging from 38.25 to 39.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.36 from a trend line in the weekly time frame.
- Support @35.00 from a horizontal line in the weekly time frame.
- Support @34.00 from a horizontal line in the weekly time frame.
- Support @33.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.43 to 40.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.38
Mansfield0.92
10 Day High40.74
10 Day Low37.45
20 Day High40.74
20 Day Low37.45
52 Week High40.74
52 Week Low32.5
Performance
1 Week3.64%
2 Weeks3.19%
1 Month1.81%
3 Month12.28%
6 Month13.38%
12 Month6.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)63.25
LBB38.27
UBB40.58
TSX-V:SJR-A (4/4/2023, 7:00:00 PM)
40.42
-0.06 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.15%
1 Week3.64%
2 Weeks3.19%
1 Month1.81%
3 Month12.28%
6 Month13.38%
12 Month6.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.03%
ATR Inc-87.21%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.38
Mansfield0.92
10 Day High40.74
10 Day Low37.45
20 Day High40.74
20 Day Low37.45
52 Week High40.74
52 Week Low32.5
CS1 End39.44
CR1 Start40.43
Volume & EV
DER(3)12.88%
DER(5)7.73%
Volume2.60K
Volume Incr96.19%
Vol(5)2.48K
Vol(50)1.17K