TAIGA BUILDING PRODUCTS LTD (TBL.CA) Stock Technical Analysis
Canada - TSX:TBL - CA87402A1084 - Common Stock
3.5 CAD
-0.03 (-0.85%)
Taking everything into account, TBL scores 1 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year than TBL.
TBL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: TBL has an average volume of 5737 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
TBL is an average performer in the Trading Companies & Distributors industry, it outperforms 45% of 12 stocks in the same industry.
In the last month TBL has a been trading in the 3.40 - 3.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TBL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for TBL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.07
3.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.15 to 3.20. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @3.10 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.52 to 3.59. 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 | DOWN | NEGATIVE | The short term trend for TBL.CA is down. |
| ChartMill Relative Strength | 19.54 | NEGATIVE | TBL.CA has a low relative strength, it was outperformed by 80.46% 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) | UP | MIXED | The current price of TBL.CA is below the rising 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) | 44.36 | NEUTRAL | The RSI value for TBL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TBL.CA has a negative trend. |
| Stochastics (14,3) | 42.22 | NEUTRAL | The Stochastics value for TBL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for TBL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.37 | POSITIVE | The high ADX value value for TBL.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)
TSX:TBL (10/14/2025, 7:00:00 PM)
3.5
-0.03 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.85%
1 Week-0.28%
2 Weeks-4.89%
1 Month-1.96%
3 Month6.06%
6 Month-10.03%
12 Month-8.38%
2 Year26.81%
3 Year40%
5 Year153.62%
10 Year337.5%
15 Year236.54%
Volatility
ATR(14)0.11
ATR(20)%2.67%
ATR Inc-58.55%
Range Today0.04
ADR(20)0.09
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.54
Mansfield-1.62
10 Day High3.66
10 Day Low3.4
20 Day High3.7
20 Day Low3.4
52 Week High5.1
52 Week Low3.1
CS1 End3.2
CR1 Start3.52
Volume & EV
DER(3)11.11%
DER(5)26.49%
Volume12.40K
Volume Incr49.11%
Vol(5)4.63K
Vol(50)5.74K