RCH: EOM Current Signal -> (1) 12 Jan: BEARISH EASY (2) 12 Jan: BULLISH EASY (3) 12 Jan: BULLISH HARD
[BULLISH]: Resolute Forest Products currently has positive momentum of 0.47. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -1.7%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 3.4%%.
[BEARISH]: High Linersellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for HLF adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -1.6 & the greatest daily negative change this year has been -1.6. The longest consecutive downswing rally over the last 12 months has been 2 days giving a total rally downward movement of -4.7%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -1.6%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.6x giving a total win/loss ratio of 0.7x. Over the last month the average daily downward movement has been -0.5%
RCH: VROC Recent Trading -> (1) 12 Jan: 130 (2) 12 Jan: -49 (3) 12 Jan: -7
Toronto Stock Exchange
[BULLISH STRONG]: Franco-Nevada opened in the lower part of daily range at 20.2% & closed in the upper part of the trading range at 71.3%. This suggests the buyers were in control all day. Over the last 12 months there has been 37 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 22.2%.
[BEARISH]: High Liner currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.1%.
[Bullish]: Average True Range has confirmed an uptrend is present. Premium Brands Holdings has a TR of 1.37, and an ATR(14) of 1.726.
[BEARISH CROSSOVER]: Cott Corp current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.05. During the quarter, the lowest CMF value was -0.14
Clearwater Seafoods has moved above the 161.8% level ($2.86) [Bearish]. Look for a short limit order entry near this point. Exit price for CLR should be set @$3.44 & short position stoploss for Clearwater Seafoods should be set at $2.28
Cott Corp has broken the first Woodie support point ($20.78) [Bearish]. Look for a short limit order entry near this point. Exit price for BCB should be set @$20.63 & short position stoploss for Cott Corp should be set at $21.19
Winpak current pivot point is: 45.147. The current resistance levels are: (R1) $45.274: (R2) $45.407: (R3) $45.534: The current support levels are: (S1) $45.014: (S2) $44.887: (S3) $44.754
GIL: Chaikin Oscillator Current Signal -> (1) 12 Jan: BEARISH CROSSOVER (2) 12 Jan: BULLISH CROSSOVER (3) 12 Jan: BEARISH
[BEARISH]: Maple Leaf Foods currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.5%.
[BEARISH]: Martinrea International current downtrend in the first timeframe. Currently, the HIGH is -0.4 %.
[BEARISH]: Leons Furniture is in a downtrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 2
[BULLISH]: Intertape Polymer current uptrend in the first timeframe. Currently, the Close is $22.45.
[BEARISH]: Intertape Polymer current distribution has given weakness to the share price and the continuation of bearish trading conditions.
Gildan Activewear Inc has broken the first Woodie resistance point ($40.8) [Bullish]. Look for a long limit order entry near this point. Exit price for GIL should be set @$40.97 & Stoploss for Gildan Activewear Inc should be set at $40.17
[BULLISH]: Premium Brands Holdings current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 99.3130.
RCH: HIGH Current Signal -> (1) 12 Jan: BEARISH (2) 11 Jan: BEARISH (3) 10 Jan: BEARISH
[BULLISH]: Martinrea International has a current ARO(25) of 12. This has change -48 points from yesterday.