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Canadian Tire Corporation, Limited

CTC-A.TO Technical Analysis Summary (TSX)

Analyze CTC-A.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CTC-A.TO●TSX
Consumer CyclicalSpecialty Retail
$199.58
$1.65(0.82%)
Canadian Market opens in 8h 0m

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

CTC-A.TO Technical Analysis Summary (TSX)

Canadian Tire Corporation, Limited (TSX: CTC-A.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.30)
Trend Strength:Weak (ADX: 19.68)
Volatility:Medium (ATR: 4.13)
Support/Resistance:$196.91 – $208.53 (Bollinger Bands)

Technical conditions suggest Canadian Tire Corporation, Limited on the TSX is awaiting a decisive move. This mix signals that Canadian Tire Corporation, Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.30

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 39.18

Bearish
Momentum remains weak below midpoint.

Williams %R: -54.83

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.82

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 1.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.68

Weak
Weak trend, market trading sideways.

ATR (14): 4.13

Medium
Medium volatility, healthy price movement.

CCI (14): -54.48

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$208.53
Middle Band (SMA 20)
$202.72
Lower Band
$196.91
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$208.86
Middle Line (EMA 20)
$200.60
Lower Channel
$192.35
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume744.60K
Money Flow Index32.34Bearish, selling pressure outweighs inflows.
Relative Vigor Index54.08Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CTC-A.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Canadian Tire Corporation, Limited (TSX: CTC-A.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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.

(TSX: CTC-A.TO) Technical Analysis FAQ