Is Canadian Tire Corporation, Limited stock a buy or sell right now?

Canadian Tire Corporation, Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Canadian Tire Corporation, Limited’s RSI?

RSI is 51.34, showing balanced momentum within the normal range.

What does MACD indicate for CDNTF?

MACD at -4.14 shows bearish pressure, with downside momentum building.

What are Canadian Tire Corporation, Limited’s key support and resistance levels?

Support sits around $153.73, while resistance is near $171.17.

Canadian Tire Corporation, Limited

CDNTF•PNK

Consumer Cyclical

Specialty Retail

$167.56

$7.78(4.87%)

U.S. Market opens in 6h 42m

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

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

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

CDNTF 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: 51.34)

Trend Strength:Weak (ADX: 6.12)

Volatility:Medium (ATR: 5.58)

Support/Resistance:$153.73 – $171.17 (Bollinger Bands)

Technical conditions suggest Canadian Tire Corporation, Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.34

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 43.20

Neutral

Mid-range signal with no clear trend.

Williams %R: 0.00

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 1.40

Bullish

Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -4.14

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 6.12

Weak

Weak trend, market trading sideways.

ATR (14): 5.58

High

High volatility, wide price fluctuations.

CCI (14): 127.45

Bearish Risk

Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators

Bollinger Bands

Upper Band

$171.17

Middle Band (SMA 20)

$162.45

Lower Band

$153.73

Current Position

Within Bands

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

Keltner Channels

Upper Channel

$175.03

Middle Line (EMA 20)

$163.87

Lower Channel

$152.70

Squeeze Status

Squeeze On

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

Volume & Money Flow Analysis

On-Balance Volume-35.00

Money Flow Index85.24Bearish risk, overbought conditions may trigger pullback.

Relative Vigor Index17.00Bearish, price momentum favors sellers.

Overall Takeaway:CDNTF 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.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

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.