CHORUS AVIATION INC (CHR.CA) Stock Technical Analysis
TSX:CHR - Toronto Stock Exchange - CA17040T3001 - Common Stock - Currency: CAD
Overall CHR gets a technical rating of 8 out of 10. Although CHR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CHR is part of the Passenger Airlines industry. There are 9 other stocks in this industry. CHR outperforms 100% of them.
CHR 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Looking at the yearly performance, CHR did better than 80% of all other stocks. On top of that, CHR also shows a nice and consistent pattern of rising prices. However, we also see that CHR couldn't keep up this performance in the last couple of months.
CHR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
CHR has an excellent technical rating, but the quality of the setup is only medium 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
18.64
23.97
4 important support areas can be observed.
- A support zone ranging from 19.95 to 20.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.56 to 19.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.25 to 19.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @20.89 from a trend line in the daily time frame.
- A resistance zone ranging from 23.66 to 23.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.13
Mansfield0.91
10 Day High21.45
10 Day Low19.34
20 Day High21.47
20 Day Low19
52 Week High24.08
52 Week Low13.97
Performance
1 Week2.82%
2 Weeks6.29%
1 Month4.95%
3 Month-11.61%
6 Month11.65%
12 Month45.59%
2 Year-7.48%
3 Year-29.79%
5 Year1.02%
10 Year-50.42%
15 Year-32.65%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)59.65
LBB18.95
UBB21.24
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 |
|---|---|---|---|
| 20.90 | 19.94 | 0.96 (4.59%) | 21.77% |
| An entry @20.90. This is a Buy Stop order right above the resistance zone. | An exit @19.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.96 points, which is 4.59%. | For a 1.00% total portfolio risk, you can invest 21.77% 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:CHR (3/7/2025, 7:00:00 PM)
20.79
+0.25 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg1.22%
1 Week2.82%
2 Weeks6.29%
1 Month4.95%
3 Month-11.61%
6 Month11.65%
12 Month45.59%
2 Year-7.48%
3 Year-29.79%
5 Year1.02%
10 Year-50.42%
15 Year-32.65%
Volatility
ATR(14)0.52
ATR(20)%2.83%
ATR Inc-13.63%
Range Today0.5
ADR(20)0.59
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.13
Mansfield0.91
10 Day High21.45
10 Day Low19.34
20 Day High21.47
20 Day Low19
52 Week High24.08
52 Week Low13.97
CS1 End20.43
CR1 Start20.89
Volume & EV
DER(3)-11.22%
DER(5)-4.22%
Volume42.51K
Volume Incr-51.83%
Vol(5)86.99K
Vol(50)278.72K