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Shaw Communications Inc (SJR-B.CA) Stock Technical Analysis

TSX:SJR-B - Toronto Stock Exchange - CA82028K2002 - Common Stock - Currency: CAD

40.48  +0.01 (+0.02%)

Technical Rating and Analysis

7

Overall SJR-B gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SJR-B is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
SJR-B is part of the Media industry. There are 12 other stocks in this industry. SJR-B outperforms 81% of them.
SJR-B is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
SJR-B has an average volume of 2065200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SJR-B did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SJR-B has a been trading in a tight range between 38.77 and 40.49.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Shaw Communications Inc / SJR-B Weekly stock chart
Shaw Communications Inc / SJR-B Daily stock chart
Setup Rating and Analysis

2

Although SJR-B 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.

Support and Resistance Analysis

37.75

40.89

When analyzing the support we notice one important area.

  • A support zone ranging from 38.13 to 39.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 40.49 to 40.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.7
Mansfield0.69
10 Day High40.49
10 Day Low38.77
20 Day High40.49
20 Day Low38.77
52 Week High40.49
52 Week Low32.96
Performance
1 Week3.42%
2 Weeks3.53%
1 Month3.21%
3 Month4.65%
6 Month19.45%
12 Month2.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)75.01
LBB38.19
UBB40.52
Shaw Communications Inc / SJR-B Daily stock chart

Shaw Communications Inc

TSX:SJR-B (4/4/2023, 7:00:00 PM)

40.48

+0.01 (+0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.02%
1 Week3.42%
2 Weeks3.53%
1 Month3.21%
3 Month4.65%
6 Month19.45%
12 Month2.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%0.79%
ATR Inc-88.88%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.7
Mansfield0.69
10 Day High40.49
10 Day Low38.77
20 Day High40.49
20 Day Low38.77
52 Week High40.49
52 Week Low32.96
CS1 End39.46
CR1 Start40.49
Volume & EV
DER(3)2.06%
DER(5)4.65%
Volume6.72M
Volume Incr215.56%
Vol(5)4.38M
Vol(50)2.07M