TRANSCONTINENTAL INC-CL A (TCL-A.CA) Stock Technical Analysis
TSX:TCL-A - CA8935781044 - Common Stock
20.26 CAD
-0.1 (-0.49%)
We assign a technical rating of 6 out of 10 to TCL-A. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TCL-A is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
TCL-A is one of the better performing stocks in the Containers & Packaging industry, it outperforms 85% of 8 stocks in the same industry.
In the last month TCL-A has a been trading in the 19.28 - 20.49 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, TCL-A outperforms 47% of them, which is more or less in line with the market.
TCL-A is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCL-A is lagging the market.
TCL-A has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TCL-A in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.83
21.84
We found 4 important support areas.
- A support zone ranging from 19.82 to 20.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.21 to 19.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.51 from a trend line in the weekly time frame.
- Support @17.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The short term trend for TCL-A.CA is up. |
| ChartMill Relative Strength | 47.85 | NEUTRAL | TCL-A.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of TCL-A.CA is above a declining 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) | 56.75 | NEUTRAL | The RSI value for TCL-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TCL-A.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.3 | OVERBOUGHT | The high Stochastics value suggests TCL-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for TCL-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for TCL-A.CA suggests a weak or negative 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 |
|---|---|---|---|
| 20.50 | 19.81 | 0.69 (3.37%) | 25.00% |
| An entry @20.50. This is a Buy Stop order right above the 10 day high. | An exit @19.81. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.69 points, which is 3.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- 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 (9/2/2025, 7:00:00 PM)
20.26
-0.1 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.49%
1 Week1.15%
2 Weeks3.63%
1 Month5.47%
3 Month-4.03%
6 Month18%
12 Month19.11%
2 Year77.56%
3 Year25.92%
5 Year23.24%
10 Year6.63%
15 Year45.03%
Volatility
ATR(14)0.29
ATR(20)%1.38%
ATR Inc8.5%
Range Today0.3
ADR(20)0.26
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.85
Mansfield0.06
10 Day High20.49
10 Day Low19.52
20 Day High20.49
20 Day Low19.28
52 Week High22.33
52 Week Low15.97
CS1 End20.13
CR1 Start21.39
Volume & EV
DER(3)2.17%
DER(5)3.91%
Volume67.46K
Volume Incr-10.36%
Vol(5)76.41K
Vol(50)113.76K