TRANSCONTINENTAL INC-CL A (TCL-A.CA) Stock Technical Analysis
TSX:TCL-A - Toronto Stock Exchange - CA8935781044 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to TCL-A. In the last year, TCL-A was one of the better performers, but we do observe some doubts in the very recent evolution.
Looking at the yearly performance, TCL-A did better than 76% of all other stocks. On top of that, TCL-A also shows a nice and consistent pattern of rising prices.
TCL-A is part of the Containers & Packaging industry. There are 9 other stocks in this industry. TCL-A outperforms 75% of them.
TCL-A is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TCL-A is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month TCL-A has a been trading in a tight range between 20.20 and 21.39.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, TCL-A does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.35, a Stop Loss order could be placed below this zone.
More info and screens
16.63
21.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.20 to 20.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.63 to 17.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.52 to 20.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.39 to 21.62. 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 | UP | POSITIVE | The long term trend for TCL-A.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCL-A.CA is down. |
| ChartMill Relative Strength | 76.62 | POSITIVE | TCL-A.CA has a high relative strength, it outperformed 76.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCL-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TCL-A.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCL-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.68 | NEUTRAL | The RSI value for TCL-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TCL-A.CA has a negative trend. |
| Stochastics (14,3) | 29.37 | NEUTRAL | The Stochastics value for TCL-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for TCL-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.37 | NEUTRAL | The ADX value for TCL-A.CA suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 20.80 | 20.19 | 0.61 (2.93%) | 25.00% |
| An entry @20.80. This is a Buy Stop order right above the resistance zone. | An exit @20.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.61 points, which is 2.93%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
TSX:TCL-A (7/11/2025, 7:00:00 PM)
20.36
-0.15 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.73%
1 Week-1.55%
2 Weeks-2.77%
1 Month-4.59%
3 Month17.82%
6 Month16.68%
12 Month31.44%
2 Year55.54%
3 Year25.37%
5 Year31.87%
10 Year38.41%
15 Year37.29%
Volatility
ATR(14)0.32
ATR(20)%1.6%
ATR Inc-34.56%
Range Today0.16
ADR(20)0.32
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.62
Mansfield0.46
10 Day High21.21
10 Day Low20.2
20 Day High21.39
20 Day Low20.2
52 Week High22.33
52 Week Low15.06
CS1 End20.35
CR1 Start20.52
Volume & EV
DER(3)-8.45%
DER(5)-6.74%
Volume112.19K
Volume Incr-30.08%
Vol(5)116.11K
Vol(50)181.65K