Technical Analysis for AC - Air Canada

Grade Last Price % Change Price Change
C 18.930 3.61% 0.660
AC closed up 4.22 percent on Wednesday, December 6, 2023, on 1.94 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 3.61%
Crossed Above 50 DMA Bullish 3.61%
MACD Bullish Signal Line Cross Bullish 3.61%
180 Bullish Setup Bullish Swing Setup 3.61%
Expansion Pivot Buy Setup Bullish Swing Setup 3.61%
Pocket Pivot Bullish Swing Setup 3.61%
Bollinger Band Squeeze Range Contraction 3.61%
BB Squeeze + Upper Band Touch Range Contraction 3.61%
Gapped Up Strength 3.61%
Upper Bollinger Band Touch Strength 3.61%

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Alert Time
Up 3% about 6 hours ago
Up 1 ATR about 7 hours ago
Up 2% about 7 hours ago
Gap Up Partially Closed about 8 hours ago
Expansion Pivot Entry about 8 hours ago

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Profile

Air Canada Description

Air Canada is a domestic, United States transborder and international airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. Its mainline operates a fleet of approximately 170 aircraft, including Airbus narrow-body aircraft, over 70 Boeing and Airbus wide-body aircraft, and approximately Embraer 190 regional jets. Air Canada rouge operates a fleet of approximately 50 aircraft comprising over 20 Airbus A319 aircraft, five Airbus A321 aircraft and approximately 20 Boeing 767-300 aircraft. Through the 28-member airline network, it offers flights to approximately 1,300 destinations in over 190 countries. Air Canada Altitude recognizes and rewards Aeroplan loyalty program members with a range of travel privileges and benefits corresponding to their travel activity, such as priority check-in, complimentary checked baggage and upgrades to business class.


Classification

Sector: Industrials
Industry: Airlines
Keywords: Light Aviation Travel Airline Airlines Loyalty Program Regional Jet Aeroplan Air Canada Airbus Boeing 767 Star Alliance United Airlines

Is AC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.04
52 Week Low 16.04
Average Volume 2,189,212
200-Day Moving Average 20.567
50-Day Moving Average 17.846
20-Day Moving Average 17.860
10-Day Moving Average 17.701
Average True Range 0.428
RSI (14) 57.81
ADX 17.83
+DI 26.649
-DI 17.583
Chandelier Exit (Long, 3 ATRs) 17.356
Chandelier Exit (Short, 3 ATRs) 18.564
Upper Bollinger Bands 18.364
Lower Bollinger Band 17.356
Percent B (%b) 0.91
BandWidth 5.643
MACD Line -0.046
MACD Signal Line -0.087
MACD Histogram 0.0412
Fundamentals Value
Market Cap 5.41 Billion
Num Shares 296 Million
EPS 0.29
Price-to-Earnings (P/E) Ratio 62.35
Price-to-Sales 0.72
Price-to-Book 4.30
PEG Ratio 0.34
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.320
Resistance 3 (R3) 19.243 18.817 19.145
Resistance 2 (R2) 18.817 18.549 18.855 19.087
Resistance 1 (R1) 18.543 18.384 18.680 18.620 19.028
Pivot Point 18.117 18.117 18.185 18.155 18.117
Support 1 (S1) 17.843 17.849 17.980 17.920 17.512
Support 2 (S2) 17.417 17.684 17.455 17.453
Support 3 (S3) 17.143 17.417 17.395
Support 4 (S4) 17.220