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Canadian Tire Corporation, Limited

CDNAF•PNK
Consumer Cyclical
Specialty Retail
$136.27
$-0.74(-0.54%)
U.S. Market opens in 6h 30m

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 Bearish (RSI: 49.79)
Trend Strength:Moderate (ADX: 29.72)
Volatility:Low (ATR: 2.59)
Support/Resistance:$130.76 – $145.44 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.79

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.05

Bearish
Momentum remains weak below midpoint.

Williams %R: -89.92

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.54

Neutral
Price change is minimal.

Takeaway:Canadian Tire Corporation, Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 2.13

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.72

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.59

Medium
Medium volatility, healthy price movement.

CCI (14): -140.58

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Canadian Tire Corporation, Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$145.44
Middle Band (SMA 20)
$138.10
Lower Band
$130.76
Current Position
Within Bands

Takeaway:Canadian Tire Corporation, Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$142.70
Middle Line (EMA 20)
$137.52
Lower Channel
$132.34
Squeeze Status
No Squeeze

Takeaway:Canadian Tire Corporation, Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-268.88K
Money Flow Index20.66Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.68Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CDNAF shows bearish money flow, with sellers dominating volume and vigor.

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

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ