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Canadian Tire Corporation, Limited

CDNAF•PNK
Consumer Cyclical
Specialty Retail
$135.87
$0.19(0.14%)
U.S. Market opens in 18h 34m

Canadian Tire Corporation, Limited (CDNAF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Canadian Tire Corporation, Limited (PNK:CDNAF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CDNAF Technical Analysis Summary

Canadian Tire Corporation, Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.00)
Trend Strength:Weak (ADX: 18.74)
Volatility:Medium (ATR: 2.77)
Support/Resistance:$128.09 – $142.44 (Bollinger Bands)

This mix signals that Canadian Tire Corporation, Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.00

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 52.37

Neutral
Mid-range signal with no clear trend.

Williams %R: -39.74

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.26

Neutral
Price change is minimal.

Takeaway:Canadian Tire Corporation, Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.57

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.74

Weak
Weak trend, market trading sideways.

ATR (14): 2.77

Medium
Medium volatility, healthy price movement.

CCI (14): 44.27

Bullish
Bullish, momentum building upward.

Takeaway:Canadian Tire Corporation, Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$142.44
Middle Band (SMA 20)
$135.27
Lower Band
$128.09
Current Position
Within Bands

Takeaway:Canadian Tire Corporation, Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$139.97
Middle Line (EMA 20)
$134.44
Lower Channel
$128.91
Squeeze Status
No Squeeze

Takeaway:Canadian Tire Corporation, Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-392.00K
Money Flow Index40.53Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.27Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CDNAF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Canadian Tire Corporation, Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Canadian Tire Corporation, Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ