Canadian Tire Stock Overlap Studies Bollinger Bands

CTC-A Stock  CAD 150.16  0.36  0.24%   
Canadian Tire overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Canadian Tire. Canadian Tire value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Canadian Tire overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Canadian Tire middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Canadian Tire. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Canadian Tire Technical Analysis Modules

Most technical analysis of Canadian Tire help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canadian from various momentum indicators to cycle indicators. When you analyze Canadian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Canadian Tire Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canadian Tire. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canadian Tire based on widely used predictive technical indicators. In general, we focus on analyzing Canadian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canadian Tire's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Canadian Tire's intrinsic value. In addition to deriving basic predictive indicators for Canadian Tire, we also check how macroeconomic factors affect Canadian Tire price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.0390.04560.0479
Price To Sales Ratio0.470.480.51
Hype
Prediction
LowEstimatedHigh
149.23150.13151.03
Details
Intrinsic
Valuation
LowRealHigh
143.66144.56165.18
Details
Naive
Forecast
LowNextHigh
149.98150.88151.77
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.993.163.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canadian Tire. Your research has to be compared to or analyzed against Canadian Tire's peers to derive any actionable benefits. When done correctly, Canadian Tire's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Canadian Tire.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Additional Tools for Canadian Stock Analysis

When running Canadian Tire's price analysis, check to measure Canadian Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.