TRANSCONTINENTAL INC-CL B (TCL-B.CA) Stock Technical Analysis
TSX:TCL-B • CA8935782034
We assign a technical rating of 8 out of 10 to TCL-B. Although TCL-B is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: TCL-B has an average volume of 1220 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- TCL-B is part of the Containers & Packaging industry. There are 8 other stocks in this industry. TCL-B outperforms 85% of them.
- TCL-B is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- TCL-B 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.
- When compared to the yearly performance of all other stocks, TCL-B outperforms 68% of them, which is 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. 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
When analyzing the support we can see 5 important areas.
- A support zone ranging from 23.25 to 23.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.04 from a trend line in the weekly time frame.
- Support @19.42 from a trend line in the weekly time frame.
- Support @19.00 from a horizontal line in the daily time frame.
- Support @16.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @24.88 from a horizontal line in the daily time frame.
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 | 68.39 | NEUTRAL | TCL-B.CA is not amongst the best or worst performers 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) | 61.87 | NEUTRAL | The RSI value for TCL-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TCL-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.02 | NEUTRAL | The Stochastics value for TCL-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for TCL-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.42 | POSITIVE | The high ADX value value for TCL-B.CA suggests a strong trend. |
TSX:TCL-B (2/20/2026, 7:00:00 PM)
24.07
-0.41 (-1.67%)
TRANSCONTINENTAL INC-CL B / TCL-B.CA FAQ
What is the ChartMill technical rating of TRANSCONTINENTAL INC-CL B (TCL-B.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to TCL-B.CA.
What is the current trend direction of TRANSCONTINENTAL INC-CL B (TCL-B.CA) stock?
The current trend direction for TRANSCONTINENTAL INC-CL B (TCL-B.CA) is Bullish.
What is the RSI signal for TCL-B stock?
TRANSCONTINENTAL INC-CL B (TCL-B.CA) has an RSI value of 61.8654. This indicates that the stock is currently neutral.
What is the buy/sell signal for TCL-B stock?
The buy/sell signal for TRANSCONTINENTAL INC-CL B (TCL-B.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for TRANSCONTINENTAL INC-CL B (TCL-B.CA) stock?
TRANSCONTINENTAL INC-CL B (TCL-B.CA) has a support level at 23.61 and a resistance level at 24.88. Check the full technical report for our detailed analysis of TCL-B.CA support and resistance levels.