TRANSCONTINENTAL INC-CL B (TCL-B.CA) Stock Technical Analysis
TSX:TCL-B - Toronto Stock Exchange - CA8935782034 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to TCL-B. In the last year, TCL-B was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TCL-B has a been trading in the 19.00 - 21.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: TCL-B has an average volume of 353 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TCL-B did better than 70% of all other stocks. On top of that, TCL-B also shows a nice and consistent pattern of rising prices.
TCL-B is part of the Containers & Packaging industry. There are 9 other stocks in this industry. TCL-B outperforms 75% of them.
TCL-B 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-B is performing more or less in line with the market.
Although TCL-B has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.12
21.72
We found 3 important support areas.
- A support zone ranging from 19.04 to 19.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for TCL-B.CA is neutral. |
| ChartMill Relative Strength | 70.04 | POSITIVE | TCL-B.CA has a high relative strength, it outperformed 70.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCL-B.CA is below a declining 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) | 44.23 | NEUTRAL | The RSI value for TCL-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests TCL-B.CA has a negative trend. |
| Stochastics (14,3) | 0.52 | OVERSOLD | The low Stochastics value suggests TCL-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for TCL-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.17 | 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 (7/31/2025, 7:00:00 PM)
19.27
-0.53 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-2.68%
1 Week-6.91%
2 Weeks-6.64%
1 Month-7.36%
3 Month3.21%
6 Month12.95%
12 Month35.32%
2 Year45.98%
3 Year11.71%
5 Year28.38%
10 Year26.78%
15 Year46.99%
Volatility
ATR(14)0.27
ATR(20)%2.28%
ATR Inc119.19%
Range Today0.01
ADR(20)0.07
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.04
Mansfield-0.09
10 Day High20.81
10 Day Low19.27
20 Day High21.5
20 Day Low19
52 Week High21.5
52 Week Low0
CS1 End19.26
CR1 Start21.5
Volume & EV
DER(3)0%
DER(5)20%
Volume200
Volume Incr20.21%
Vol(5)398
Vol(50)353.54