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Canadian Tire Corporation, Limited

CTC.TO Technical Analysis Summary (TSX)

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

CTC.TO●TSX
Consumer CyclicalSpecialty Retail
$216.00
$1.00(0.47%)
Canadian Market opens in 6h 47m

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.TO Technical Analysis Summary (TSX)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.37)
Trend Strength:Moderate (ADX: 24.60)
Volatility:Low (ATR: 3.61)
Support/Resistance:$210.68 – $228.03 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 48.37

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.96

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.59

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.00

Bearish
Selling pressure outweighs buying.

Takeaway:Canadian Tire Corporation, Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.24

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.60

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.61

Medium
Medium volatility, healthy price movement.

CCI (14): 21.93

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
$228.03
Middle Band (SMA 20)
$219.36
Lower Band
$210.68
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$224.67
Middle Line (EMA 20)
$217.44
Lower Channel
$210.22
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 Volume5.41K
Money Flow Index67.17Bullish, inflows support continued momentum.
Relative Vigor Index36.56Bearish, price momentum favors sellers.

Overall Takeaway:CTC.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.TO), 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.

(TSX: CTC.TO) Technical Analysis FAQ