TSX:SNC - Toronto Stock Exchange - CA78460T1057 - Common Stock - Currency: CAD
Taking everything into account, SNC scores 9 out of 10 in our technical rating. In the last year, SNC was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, SNC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 43.41, a Stop Loss order could be placed below this zone.
31.39
4 important support areas can be observed.
We found 1 important resistance area.
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 |
---|---|---|---|
44.34 | 42.68 | 1.66 (3.75%) | 25.00% |
An entry @44.34. This is a Buy Stop order right above the 10 day moving average. | An exit @42.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.66 points, which is 3.75%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
TSX:SNC (10/6/2023, 7:00:00 PM)
43.42
+0.55 (+1.28%)