TAIGA BUILDING PRODUCTS LTD (TBL.CA) Stock Technical Analysis
TSX:TBL - Toronto Stock Exchange - CA87402A1084 - Common Stock - Currency: CAD
Taking everything into account, TBL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TBL is showing a nice and steady performance.
Warning: TBL has an average volume of 13041 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TBL did better than 88% of all other stocks. We also observe that the gains produced by TBL over the past year are nicely spread over this period.
TBL is part of the Trading Companies & Distributors industry. There are 13 other stocks in this industry. TBL outperforms 75% of them.
TBL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TBL is leading the market.
In the last month TBL has a been trading in the 3.75 - 5.05 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TBL has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.58
5.00
3 important support areas can be observed.
- A support zone ranging from 3.81 to 3.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @3.73 from a horizontal line in the daily time frame.
- Support @3.62 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 | UP | POSITIVE | The long term trend for TBL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBL.CA is up. |
| ChartMill Relative Strength | 88.36 | POSITIVE | TBL.CA has a high relative strength, it outperformed 88.36% 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) | UP | POSITIVE | The current price of TBL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.95 | OVERBOUGHT | The high RSI value suggests TBL.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TBL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.82 | OVERBOUGHT | The high Stochastics value suggests TBL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for TBL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.98 | 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 (6/2/2025, 7:00:00 PM)
4.95
+0.03 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.61%
1 Week26.92%
2 Weeks30.26%
1 Month28.24%
3 Month29.58%
6 Month30.61%
12 Month48.65%
2 Year91.86%
3 Year100.41%
5 Year366.98%
10 Year518.75%
15 Year330.44%
Volatility
ATR(14)0.21
ATR(20)%3.77%
ATR Inc20.07%
Range Today0.29
ADR(20)0.17
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.36
Mansfield2.36
10 Day High5.05
10 Day Low3.75
20 Day High5.05
20 Day Low3.75
52 Week High5.05
52 Week Low3.18
CS1 End3.82
CR1 StartN/A
Volume & EV
DER(3)6.25%
DER(5)0.47%
Volume12.00K
Volume Incr1002.69%
Vol(5)74.70K
Vol(50)13.04K