Technical Analysis for TBL - Taiga Building Products Ltd.

Grade Last Price % Change Price Change
A 3.400 1.49% 0.050
TBL closed up 1.49 percent on Wednesday, April 24, 2024, on 2.93 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 3
*** please verify all earnings dates ***
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Bearish Engulfing Bearish 1.49%
Stochastic Sell Signal Bearish 1.49%
Overbought Stochastic Strength 1.49%
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 19 hours ago
New 52 Week High about 22 hours ago
5x Volume Pace about 22 hours ago
3x Volume Pace about 22 hours ago
2x Volume Pace about 22 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 3.4
52 Week Low 2.355
Average Volume 11,631
200-Day Moving Average 2.840
50-Day Moving Average 3.155
20-Day Moving Average 3.279
10-Day Moving Average 3.338
Average True Range 0.065
RSI (14) 62.41
ADX 13.19
+DI 21.442
-DI 24.478
Chandelier Exit (Long, 3 ATRs) 3.206
Chandelier Exit (Short, 3 ATRs) 3.284
Upper Bollinger Bands 3.422
Lower Bollinger Band 3.136
Percent B (%b) 0.92
BandWidth 8.721
MACD Line 0.068
MACD Signal Line 0.061
MACD Histogram 0.0072
Fundamentals Value
Market Cap 369.04 Million
Num Shares 109 Million
EPS 0.53
Price-to-Earnings (P/E) Ratio 6.43
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) 3.400
Resistance 3 (R3) 3.400 3.400 3.400
Resistance 2 (R2) 3.400 3.400 3.400 3.400
Resistance 1 (R1) 3.400 3.400 3.400 3.400 3.400
Pivot Point 3.400 3.400 3.400 3.400 3.400
Support 1 (S1) 3.400 3.400 3.400 3.400 3.400
Support 2 (S2) 3.400 3.400 3.400 3.400
Support 3 (S3) 3.400 3.400 3.400
Support 4 (S4) 3.400