TAIGA BUILDING PRODUCTS LTD (TBL.CA) Stock Technical Analysis
Canada - TSX:TBL - CA87402A1084 - Common Stock
We assign a technical rating of 0 out of 10 to TBL. TBL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TBL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.31, a Stop Loss order could be placed below this zone.
More info and screens
3.07
We found 4 important support areas.
- A support zone ranging from 3.31 to 3.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.22 from a trend line in the weekly time frame.
- Support @3.15 from a horizontal line in the weekly time frame.
- Support @3.10 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.40 to 3.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.66 to 3.70. 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 | DOWN | NEGATIVE | The long term trend for TBL.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBL.CA is neutral. |
| ChartMill Relative Strength | 17.47 | NEGATIVE | TBL.CA has a low relative strength, it was outperformed by 82.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBL.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.44 | NEUTRAL | The RSI value for TBL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TBL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44 | NEUTRAL | The Stochastics value for TBL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for TBL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.52 | POSITIVE | The high ADX value value for TBL.CA suggests a strong trend. |
TSX:TBL (11/13/2025, 7:00:00 PM)
3.37
+0.06 (+1.81%)
TAIGA BUILDING PRODUCTS LTD / TBL.CA FAQ
What is the ChartMill technical rating of TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to TBL.CA.
What is the trend direction for TBL stock?
The current trend direction for TAIGA BUILDING PRODUCTS LTD (TBL.CA) is Bearish.
What is the RSI signal for TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
TAIGA BUILDING PRODUCTS LTD (TBL.CA) has an RSI value of 44.4373. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TAIGA BUILDING PRODUCTS LTD?
The MACD indicator for TAIGA BUILDING PRODUCTS LTD (TBL.CA) has a value of -0.00599686, indicating a bearish trend.
What is the support and resistance level for TBL stock?
TAIGA BUILDING PRODUCTS LTD (TBL.CA) has a support level at 3.31 and a resistance level at 3.4. Check the full technical report for our detailed analysis of TBL.CA support and resistance levels.