TAIGA BUILDING PRODUCTS LTD (TBL.CA) Technical Analysis
TSX:TBL • CA87402A1084
Current stock price
TBL.CA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to TBL. TBL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- TBL is part of the Trading Companies & Distributors industry. There are 12 other stocks in this industry, of which 72% are performing better than TBL.
- TBL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TBL is lagging the market.
- Warning: TBL has an average volume of 6296 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month TBL has a been trading in the 3.30 - 4.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, TBL turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- Considerably lower volume is observed in the last couple of days.
TBL.CA Weekly and Daily overview Charts
TBL.CA Setup Rating and Analysis
TBL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.56, a Stop Loss order could be placed below this zone.
More info and screens
TBL.CA Support and Resistance Analysis
3.12
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.53 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.40 to 3.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.29 to 3.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.15 to 3.21. 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 @3.66 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.73 to 3.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
TBL.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for TBL.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBL.CA is neutral. |
| ChartMill Relative Strength | 42.05 | NEUTRAL | TBL.CA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of TBL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TBL.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.8 | 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) | 43.33 | NEUTRAL | The Stochastics value for TBL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TBL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for TBL.CA suggests a possible start of a new trend. |
TBL.CA Chart- and CandleStick Pattern Analysis
TBL.CA Example Setup
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 |
|---|---|---|---|
| 3.67 | 3.52 | 0.15 (4.09%) | 24.47% |
| An entry @3.67. This is a Buy Stop order right above the resistance zone. | An exit @3.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 4.09%. | For a 1.00% total portfolio risk, you can invest 24.47% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TBL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TBL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TBL (3/20/2026, 7:00:00 PM)
3.65
+0.14 (+3.99%)
TAIGA BUILDING PRODUCTS LTD / TBL.CA TA FAQ
What is the ChartMill technical rating of TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to TBL.CA.
What is the current trend direction of TAIGA BUILDING PRODUCTS LTD (TBL.CA) 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 52.8023. This indicates that the stock is currently neutral.
What is the short term momentum for TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
The short term momentum for TAIGA BUILDING PRODUCTS LTD (TBL.CA) is neutral.
What are the support and resistance levels for TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
TAIGA BUILDING PRODUCTS LTD (TBL.CA) has a support level at 3.56 and a resistance level at 3.66. Check the full technical report for our detailed analysis of TBL.CA support and resistance levels.