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Canadian Tire Corporation, Limited

CDNAF•PNK
Consumer Cyclical
Specialty Retail
$135.54
$-1.34(-0.98%)
U.S. Market opens in 15h 48m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.54)
Trend Strength:Moderate (ADX: 25.85)
Volatility:Medium (ATR: 2.85)
Support/Resistance:$123.02 – $137.22 (Bollinger Bands)

Overall, Canadian Tire Corporation, Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.54

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.90

Neutral
Mid-range signal with no clear trend.

Williams %R: -50.09

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 7.64

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 2.27

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.85

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.85

Medium
Medium volatility, healthy price movement.

CCI (14): 96.85

Bullish
Bullish, momentum building upward.

Takeaway:Canadian Tire Corporation, Limited shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$137.22
Middle Band (SMA 20)
$130.12
Lower Band
$123.02
Current Position
Within Bands

Takeaway:Canadian Tire Corporation, Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$136.68
Middle Line (EMA 20)
$130.98
Lower Channel
$125.27
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 Volume149.69K
Money Flow Index87.01Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index41.54Neutral to Bearish, sellers 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.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Canadian Tire Corporation, Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ