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Corus Entertainment Inc.

CJR-B.TO•TSX
Communication Services
Entertainment
$0.03
$-0.01(-14.29%)
Canadian Market opens in 18h 32m

Corus Entertainment Inc. (CJR-B.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Corus Entertainment Inc. (TSX:CJR-B.TO).

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

CJR-B.TO Technical Analysis Summary

Corus Entertainment Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.21)
Trend Strength:Moderate (ADX: 27.50)
Support/Resistance:$0.03 – $0.04 (Bollinger Bands)

This mix signals that Corus Entertainment Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.21

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 66.67

Bullish
Buying momentum building without extremes.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 27.50

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 93.33

Bullish
Bullish, momentum building upward.

Takeaway:Corus Entertainment Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.04
Middle Band (SMA 20)
$0.03
Lower Band
$0.03
Current Position
Within Bands

Takeaway:Corus Entertainment Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.04
Middle Line (EMA 20)
$0.03
Lower Channel
$0.02
Squeeze Status
Squeeze On

Takeaway:Corus Entertainment Inc. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-381.79K
Money Flow Index38.67Bearish, selling pressure outweighs inflows.
Relative Vigor Index27.10Bearish, price momentum favors sellers.

Overall Takeaway:CJR-B.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Corus Entertainment Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Corus Entertainment Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ