Technical Analysis for CP - Canadian Pacific Railway Limited

Grade Last Price % Change Price Change
A 77.98 -1.44% -1.14
CP closed down 0.21 percent on Friday, February 3, 2023, on 1.2 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. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish -1.44%
Cup with Handle Other -1.44%
Bollinger Band Squeeze Range Contraction -1.44%
NR7 Range Contraction -1.44%
Multiple of Ten Bearish Other -1.44%
20 DMA Support Bullish -1.65%
Crossed Above 50 DMA Bullish -1.65%
MACD Bullish Signal Line Cross Bullish -1.65%
Cup with Handle Other -1.65%
Bollinger Band Squeeze Range Contraction -1.65%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 3 hours ago
Fell Below 50 DMA about 6 hours ago
20 DMA Support about 7 hours ago
10 DMA Support about 7 hours ago
1.5x Volume Pace about 7 hours ago

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Profile

Canadian Pacific Railway Limited Description

Canadian Pacific Railway Limited, through its subsidiaries, operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. The company transports bulk commodities, including grain, coal, sulphur, and fertilizers; and merchandise freight, such as finished vehicles and automotive parts. It also transports forest products, such as wood pulp, paper, paperboard, newsprint, lumber, panel, and oriented strand board; and industrial and consumer products comprising chemicals, energy, and plastics, as well as mine, metals, and aggregates. The company provides rail and intermodal transportation services over a network of approximately 14,400 miles serving the principal business centers of Canada, from Montreal, Quebec, to Vancouver, British Columbia; and the Midwest and Northeast regions of the United States. Canadian Pacific Railway Limited was incorporated in 2001 and is headquartered in Calgary, Canada.


Classification

Sector: Industrials
Industry: Railroads
Keywords: Chemical Consumer Products Plastic Freight Transport S&P/Tsx 60 Index Forest Products Logistics Solutions Paperboard Freight Transportation Freight Transportation Services Rail Freight Transport Newsprint Intermodal Transportation Intermodal Transportation Services

Is CP 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 84.22
52 Week Low 65.165
Average Volume 1,745,380
200-Day Moving Average 74.67
50-Day Moving Average 78.07
20-Day Moving Average 78.26
10-Day Moving Average 78.35
Average True Range 2.02
RSI 54.75
ADX 12.09
+DI 23.91
-DI 16.99
Chandelier Exit (Long, 3 ATRs) 74.81
Chandelier Exit (Short, 3 ATRs) 80.49
Upper Bollinger Bands 80.40
Lower Bollinger Band 76.11
Percent B (%b) 0.7
BandWidth 5.48
MACD Line 0.41
MACD Signal Line 0.34
MACD Histogram 0.0655
Fundamentals Value
Market Cap 10.72 Billion
Num Shares 136 Million
EPS 12.46
Price-to-Earnings (P/E) Ratio 6.35
Price-to-Sales 7.58
Price-to-Book 7.64
PEG Ratio 2.36
Dividend 2.88
Dividend Yield 3.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 81.57
Resistance 3 (R3) 81.67 80.96 81.16
Resistance 2 (R2) 80.96 80.34 80.91 81.02
Resistance 1 (R1) 80.04 79.95 80.50 79.94 80.89
Pivot Point 79.33 79.33 79.56 79.28 79.33
Support 1 (S1) 78.41 78.71 78.87 78.31 77.35
Support 2 (S2) 77.70 78.32 77.65 77.22
Support 3 (S3) 76.78 77.70 77.08
Support 4 (S4) 76.68