TOROMONT INDUSTRIES LTD (TIH.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TIH - CA8911021050 - Common Stock
We assign a technical rating of 10 out of 10 to TIH. Both in the recent history as in the last year, TIH has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TIH did better than 70% of all other stocks. We also observe that the gains produced by TIH over the past year are nicely spread over this period.
- TIH is part of the Trading Companies & Distributors industry. There are 12 other stocks in this industry. TIH outperforms 81% of them.
- TIH 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.
- In the last month TIH has a been trading in the 164.09 - 183.12 range, which is quite wide. It is currently trading near the high of this range.
Although TIH has an excellent technical rating, it does not offer a high quality setup 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
155.43
We found 2 important support areas.
- A support zone ranging from 166.07 to 166.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 157.00 to 158.97. 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 | 70.52 | POSITIVE | TIH.CA has a high relative strength, it outperformed 70.52% off all stocks 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) | 66.19 | NEUTRAL | The RSI value for TIH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests TIH.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.15 | OVERBOUGHT | The high Stochastics value suggests TIH.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for TIH.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 36.09 | POSITIVE | The high ADX value value for TIH.CA suggests a strong trend. |
TSX:TIH (1/23/2026, 7:00:00 PM)
179.29
-2.34 (-1.29%)
TOROMONT INDUSTRIES LTD / TIH.CA FAQ
What is the ChartMill technical rating of TOROMONT INDUSTRIES LTD (TIH.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to TIH.CA.
What is the current trend direction of TOROMONT INDUSTRIES LTD (TIH.CA) stock?
The current trend direction for TOROMONT INDUSTRIES LTD (TIH.CA) is Bullish.
What is the RSI signal for TOROMONT INDUSTRIES LTD (TIH.CA) stock?
TOROMONT INDUSTRIES LTD (TIH.CA) has an RSI value of 66.188. This indicates that the stock is currently neutral.
What is the MACD signal for TOROMONT INDUSTRIES LTD (TIH.CA) stock?
The MACD indicator for TOROMONT INDUSTRIES LTD (TIH.CA) has a value of 0.865123, indicating a bearish trend.
Can you provide the short term momentum for TOROMONT INDUSTRIES LTD?
The short term momentum for TOROMONT INDUSTRIES LTD (TIH.CA) is positive.