TAIGA BUILDING PRODUCTS LTD (TBL.CA) Stock Technical Analysis
TSX:TBL - CA87402A1084 - Common Stock
3.58 CAD
0 (0%)
Overall TBL gets a technical rating of 2 out of 10. In the past year, TBL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
89% of all other stocks performed better in the past year than TBL.
TBL is one of the lesser performing stocks in the Trading Companies & Distributors industry. 100% of 12 stocks in the same industry do better.
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 16018 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
TBL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
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. There is very little resistance above the current price. There is a support zone below the current price at 3.57, a Stop Loss order could be placed below this zone.
More info and screens
3.07
3.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.53 to 3.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.10 to 3.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.59 from a horizontal line in the weekly time frame.
- Resistance @3.69 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 | DOWN | NEGATIVE | The long term trend for TBL.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBL.CA is up. |
| ChartMill Relative Strength | 11.44 | NEGATIVE | TBL.CA has a low relative strength, it was outperformed by 88.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TBL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TBL.CA is above 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) | 58.16 | NEUTRAL | The RSI value for TBL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TBL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.28 | NEUTRAL | The Stochastics value for TBL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for TBL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.38 | 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 (8/29/2025, 7:00:00 PM)
3.58
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0%
1 Week0.85%
2 Weeks6.87%
1 Month13.65%
3 Month-27.24%
6 Month-8.67%
12 Month-5.79%
2 Year23.45%
3 Year46.12%
5 Year165.19%
10 Year336.59%
15 Year269.07%
Volatility
ATR(14)0.1
ATR(20)%2.74%
ATR Inc-69.18%
Range Today0
ADR(20)0.09
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.44
Mansfield-1.42
10 Day High3.7
10 Day Low3.38
20 Day High3.7
20 Day Low3.15
52 Week High5.1
52 Week Low3.1
CS1 End3.57
CR1 Start3.59
Volume & EV
DER(3)-16.87%
DER(5)-13.91%
Volume10.21K
Volume Incr-70.32%
Vol(5)3.13K
Vol(50)16.02K