TOROMONT INDUSTRIES LTD (TIH.CA) Stock Technical Analysis
TSX:TIH - CA8911021050 - Common Stock
Overall TIH gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TIH is only an average performer.
Besides having an excellent technical rating, TIH also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 144.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 143.79, a Stop Loss order could be placed below this zone.
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110.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 141.67 to 143.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 133.99 to 135.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 111.19 to 112.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 144.88 to 145.01. 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 TIH.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TIH.CA is up. |
| ChartMill Relative Strength | 69.57 | NEUTRAL | TIH.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TIH.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TIH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TIH.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.03 | NEUTRAL | The RSI value for TIH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests TIH.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.91 | NEUTRAL | The Stochastics value for TIH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for TIH.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.8 | POSITIVE | The high ADX value value for TIH.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 145.02 | 141.66 | 3.36 (2.32%) | 25.00% |
| An entry @145.02. This is a Buy Stop order right above the resistance zone. | An exit @141.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.36 points, which is 2.32%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:TIH (9/5/2025, 7:00:00 PM)
144.87
+1.84 (+1.29%)