TAIGA BUILDING PRODUCTS LTD (TBL.CA) Stock Technical Analysis
TSX:TBL - Toronto Stock Exchange - CA87402A1084 - Common Stock - Currency: CAD
Taking everything into account, TBL scores 4 out of 10 in our technical rating. Although TBL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month TBL has a been trading in the 3.73 - 4.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TBL has an average volume of 7909 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, TBL did better than 71% of all other stocks. On top of that, TBL also shows a nice and consistent pattern of rising prices.
TBL is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 75% of 13 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TBL 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.
Volume is considerably higher in the last couple of days.
TBL has an average technical rating and it also 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
3.58
4.15
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.71 to 3.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.62 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.83 to 3.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.00 to 4.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.10 to 4.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.56
Mansfield-0.23
10 Day High3.97
10 Day Low3.73
20 Day High4
20 Day Low3.73
52 Week High4.72
52 Week Low2.97
Performance
1 Week-2.55%
2 Weeks-3.05%
1 Month-2.8%
3 Month0.79%
6 Month2.41%
12 Month19.38%
2 Year39.93%
3 Year44.15%
5 Year377.5%
10 Year349.41%
15 Year302.1%
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)-0.02
RSI(14)40.22
LBB3.79
UBB4.03
TSX:TBL (3/6/2025, 7:00:00 PM)
3.82
+0.02 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.53%
1 Week-2.55%
2 Weeks-3.05%
1 Month-2.8%
3 Month0.79%
6 Month2.41%
12 Month19.38%
2 Year39.93%
3 Year44.15%
5 Year377.5%
10 Year349.41%
15 Year302.1%
Volatility
ATR(14)0.05
ATR(20)%1.27%
ATR Inc129.31%
Range Today0.07
ADR(20)0.04
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.56
Mansfield-0.23
10 Day High3.97
10 Day Low3.73
20 Day High4
20 Day Low3.73
52 Week High4.72
52 Week Low2.97
CS1 End3.73
CR1 Start3.83
Volume & EV
DER(3)-30.43%
DER(5)-18.26%
Volume9.15K
Volume Incr565.68%
Vol(5)33.51K
Vol(50)7.91K