TRANSCONTINENTAL INC-CL B (TCL-B.CA) Stock Technical Analysis
TSX:TCL-B - Toronto Stock Exchange - CA8935782034 - Common Stock - Currency: CAD
Taking everything into account, TCL-B 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, TCL-B is showing a nice and steady performance.
Warning: TCL-B has an average volume of 358 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TCL-B is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by TCL-B over the past year are nicely spread over this period.
TCL-B is one of the better performing stocks in the Containers & Packaging industry, it outperforms 87% of 9 stocks in the same industry.
TCL-B 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 TCL-B is leading the market.
In the last month TCL-B has a been trading in the 18.18 - 21.50 range, which is quite wide. It is currently trading near the high of this range.
TCL-B has an excellent technical rating, but the quality of the setup is only medium 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
16.12
21.72
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.00 to 19.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.85 from a horizontal line in the daily time frame.
- Support @16.28 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.50 to 21.50. 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-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCL-B.CA is up. |
| ChartMill Relative Strength | 84.76 | POSITIVE | TCL-B.CA has a high relative strength, it outperformed 84.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCL-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCL-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCL-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.55 | NEUTRAL | The RSI value for TCL-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TCL-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.09 | OVERBOUGHT | The high Stochastics value suggests TCL-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TCL-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.31 | NEGATIVE | The low ADX value for TCL-B.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)
TSX:TCL-B (6/9/2025, 7:00:00 PM)
21.17
+0.15 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.71%
1 Week-1.53%
2 Weeks1.39%
1 Month16.96%
3 Month17.61%
6 Month19.13%
12 Month47.01%
2 Year50.57%
3 Year-82.5%
5 Year76.42%
10 Year16.51%
15 Year83.93%
Volatility
ATR(14)0.52
ATR(20)%2.06%
ATR Inc-82.75%
Range Today0.03
ADR(20)0.06
ADR(20)%0.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.76
Mansfield1.67
10 Day High21.5
10 Day Low19
20 Day High21.5
20 Day Low18.18
52 Week High21.5
52 Week Low0
CS1 End19
CR1 Start21.5
Volume & EV
DER(3)-7.24%
DER(5)-116.07%
Volume300
Volume Incr-30.84%
Vol(5)273.4
Vol(50)358.46