TRANSCONTINENTAL INC-CL A (TCL-A.CA) Stock Technical Analysis
TSX:TCL-A - Toronto Stock Exchange - CA8935781044 - Common Stock - Currency: CAD
Taking everything into account, TCL-A scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TCL-A has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TCL-A is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by TCL-A over the past year are nicely spread over this period.
TCL-A is part of the Containers & Packaging industry. There are 8 other stocks in this industry. TCL-A outperforms 71% of them.
TCL-A is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TCL-A is performing more or less in line with the market.
TCL-A 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.
TCL-A has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.11, a Stop Loss order could be placed below this zone.
More info and screens
16.24
21.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.97 to 21.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.47 to 17.63. 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.
- Support @16.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.27 to 21.62. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for TCL-A.CA is up. |
| ChartMill Relative Strength | 83.36 | POSITIVE | TCL-A.CA has a high relative strength, it outperformed 83.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCL-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCL-A.CA is above 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) | 59.14 | NEUTRAL | The RSI value for TCL-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TCL-A.CA has a negative trend. |
| Stochastics (14,3) | 38.66 | NEUTRAL | The Stochastics value for TCL-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for TCL-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 48.06 | POSITIVE | The high ADX value value for TCL-A.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)
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 |
|---|---|---|---|
| 21.63 | 20.96 | 0.67 (3.10%) | 25.00% |
| An entry @21.63. This is a Buy Stop order right above the resistance zone. | An exit @20.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.67 points, which is 3.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of TCL-A. 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.
TSX:TCL-A (6/13/2025, 7:00:00 PM)
21.17
-0.17 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.8%
1 Week0.28%
2 Weeks-1.03%
1 Month2.67%
3 Month13.76%
6 Month17.09%
12 Month43.72%
2 Year44.41%
3 Year38.28%
5 Year40.2%
10 Year37.56%
15 Year60.87%
Volatility
ATR(14)0.5
ATR(20)%2.33%
ATR Inc18.89%
Range Today0.32
ADR(20)0.48
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.36
Mansfield1.53
10 Day High22.33
10 Day Low20.46
20 Day High22.33
20 Day Low20.28
52 Week High22.33
52 Week Low14.45
CS1 End21.11
CR1 Start21.27
Volume & EV
DER(3)-4.55%
DER(5)-3.78%
Volume86.11K
Volume Incr-20.15%
Vol(5)174.68K
Vol(50)262.28K