CANADIAN TIRE CORP (CTC.CA) Stock Technical Analysis
TSX:CTC - Toronto Stock Exchange - CA1366811034 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to CTC. In the last year, CTC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, CTC is a bad performer in the overall market: 71% of all stocks are doing better.
Warning: CTC has an average volume of 555 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
In the last month CTC has a been trading in the 213.63 - 245.80 range, which is quite wide. It is currently trading near the high of this range.
CTC 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.
CTC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
199.98
248.27
4 important support areas can be observed.
- Support @232.94 from a trend line in the daily time frame.
- A support zone ranging from 218.64 to 229.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @214.99 from a horizontal line in the daily time frame.
- Support @202.00 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @236.37 from a trend line in the weekly time frame.
- A resistance zone ranging from 244.44 to 245.81. 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
CRS29.23
Mansfield-0.21
10 Day High239
10 Day Low215
20 Day High245.8
20 Day Low213.63
52 Week High275.36
52 Week Low192.1
Performance
1 Week3.81%
2 Weeks4.44%
1 Month-0.09%
3 Month5.5%
6 Month16.34%
12 Month-14.55%
2 Year-28.13%
3 Year-34.99%
5 Year30.56%
10 Year-0.02%
15 Year251.32%
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)0.16
RSI(14)55.09
LBB217.22
UBB238.73
TSX:CTC (3/7/2025, 7:00:00 PM)
235
+3 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg1.29%
1 Week3.81%
2 Weeks4.44%
1 Month-0.09%
3 Month5.5%
6 Month16.34%
12 Month-14.55%
2 Year-28.13%
3 Year-34.99%
5 Year30.56%
10 Year-0.02%
15 Year251.32%
Volatility
ATR(14)6.6
ATR(20)%3.4%
ATR Inc-35.97%
Range Today4
ADR(20)2.65
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.23
Mansfield-0.21
10 Day High239
10 Day Low215
20 Day High245.8
20 Day Low213.63
52 Week High275.36
52 Week Low192.1
CS1 End232.94
CR1 Start236.37
Volume & EV
DER(3)0%
DER(5)-8.77%
Volume886
Volume Incr-0.47%
Vol(5)529.8
Vol(50)555.64