TOROMONT INDUSTRIES LTD (TIH.CA) Stock Technical Analysis
TSX:TIH - Toronto Stock Exchange - CA8911021050 - Common Stock - Currency: CAD
Taking everything into account, TIH scores 8 out of 10 in our technical rating. Although TIH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
TIH is currently making a new 52 week high. This is a strong signal. 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 124.56 - 142.54 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that TIH is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
TIH is part of the Trading Companies & Distributors industry. There are 13 other stocks in this industry, TIH did better than 66% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TIH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
110.08
143.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 131.90 to 131.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 127.44 to 127.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @115.73 from a horizontal line in the daily time frame.
- A support zone ranging from 111.19 to 112.41. 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 | 73.17 | POSITIVE | TIH.CA has a high relative strength, it outperformed 73.17% 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) | 84.19 | OVERBOUGHT | The high RSI value suggests TIH.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.95 | POSITIVE | The MACD value suggests TIH.CA has a positive trend. |
| Stochastics (14,3) | 92.59 | OVERBOUGHT | The high Stochastics value suggests TIH.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for TIH.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 41.88 | POSITIVE | The high ADX value value for TIH.CA suggests a strong 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:TIH (8/5/2025, 7:00:00 PM)
142.4
+1.91 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.36%
1 Week7.48%
2 Weeks11.73%
1 Month14.18%
3 Month25.54%
6 Month22.32%
12 Month16.32%
2 Year28.47%
3 Year40.07%
5 Year92.93%
10 Year306.39%
15 Year429.37%
Volatility
ATR(14)2.67
ATR(20)%1.74%
ATR Inc39.96%
Range Today3.51
ADR(20)2.28
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.17
Mansfield0.99
10 Day High142.54
10 Day Low128.04
20 Day High142.54
20 Day Low124.56
52 Week High142.54
52 Week Low107.32
CS1 End131.9
CR1 StartN/A
Volume & EV
DER(3)-1.36%
DER(5)1.66%
Volume167.81K
Volume Incr77.58%
Vol(5)202.61K
Vol(50)135.46K