Technical Analysis for TBL - Taiga Building Products Ltd.

Grade Last Price % Change Price Change
A 3.190 0.95% 0.030
TBL closed up 0.95 percent on Friday, March 1, 2024, on 22 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New Uptrend Bullish 0.00%
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 0.95%

   Recent Intraday Alerts

Alert Time
Up 2 ATRs 3 days ago
Up 1 ATR 3 days ago
10x Volume Pace 3 days ago
Up 3% 3 days ago
Up 2% 3 days ago

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Profile

Taiga Building Products Ltd. Description

Taiga Building Products Ltd (Taiga) is a Canada-based independent wholesale distributor of building products. The Company operates through two segments: Canada and the United States. The Company distributes its products, which include dimension lumber; panel products, including plywood, particle board and oriented strand board, and allied and treated products, such as roofing materials, moldings, composite decking, polyethylene sheeting, batt and foam insulation, flooring, engineered wood and treated wood. It markets treated wood under the brand name Taiga Select. Taiga maintains inventories of building products at approximately 15 distribution centers throughout Canada and over two distribution centers in California. In addition, the Company distributes through the use of third party reload centers. The Company also owns and operates over three wood preservation plants that produce pressure-treated wood products.


Classification

Sector: Consumer Cyclical
Industry: Home Improvement Stores
Keywords: Materials Construction Wood Architecture Building Materials Wood Products Lumber Deck Allied Composite Materials Molding Engineered Wood Building Insulation Materials Building Products Dimension Lumber Flooring Plywood Polyethylene Pressure Treated Wood Products Structural System Wood Preservation

Is TBL 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 3.19
52 Week Low 2.3272
Average Volume 10,630
200-Day Moving Average 2.711
50-Day Moving Average 2.928
20-Day Moving Average 2.970
10-Day Moving Average 3.020
Average True Range 0.047
RSI (14) 72.60
ADX 25.04
+DI 54.120
-DI 14.608
Chandelier Exit (Long, 3 ATRs) 3.050
Chandelier Exit (Short, 3 ATRs) 2.990
Upper Bollinger Bands 3.130
Lower Bollinger Band 2.810
Percent B (%b) 1.19
BandWidth 10.754
MACD Line 0.052
MACD Signal Line 0.029
MACD Histogram 0.0231
Fundamentals Value
Market Cap 346.25 Million
Num Shares 109 Million
EPS 0.53
Price-to-Earnings (P/E) Ratio 6.03
Price-to-Sales 0.12
Price-to-Book 0.90
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.205
Resistance 3 (R3) 3.203 3.197 3.203
Resistance 2 (R2) 3.197 3.193 3.198 3.202
Resistance 1 (R1) 3.193 3.190 3.195 3.195 3.201
Pivot Point 3.187 3.187 3.188 3.188 3.187
Support 1 (S1) 3.183 3.183 3.185 3.185 3.179
Support 2 (S2) 3.177 3.180 3.178 3.178
Support 3 (S3) 3.173 3.177 3.178
Support 4 (S4) 3.175