$34.03
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
CFL alternative · entry card
APPENDIX · APTX.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 5.0
| Short history (21 wks): RS vs TSX (20) + sector (10) | 2.0 + 0.0 |
| Structure (computable checks) | 0 / 10 |
| Score = points earned × 100 / 40 computable points | 5.0 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Down |
| Confirmation (2 consecutive Fridays, on the history that exists) | confirmed Down |
| Trend (confirmed) | Down |
– Fri close above 40-wk SMA n/a (short history) · – 40-wk SMA rising (4 wks) n/a (short history) · ✖ No lower high vs cycle high 0/5 · ✖ Fri close above 20-wk SMA 0/5 · – Fri close above 200-wk (4-yr) SMA n/a (short history) · – 4-mo SMA > 13-mo SMA (completed months, to Sep) n/a (short history)
Weekly raw states: 10-09 Down → 10-16 Down → 10-23 Down → 10-30 Down. |
Scores · Trading 86.9
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 14 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 17.9 / 20 |
| Raw | 86.9 (Established Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 86.9 Established Up |
| ✔ Close above 50-day SMA 5/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✔ Close above 100-day SMA 4/4 · ✖ Close above 200-day SMA 0/5 · ✖ 200-day SMA rising (20 d) 0/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (APTX.TO close needed) |
|---|
| Trend · TSX | 5 Established Down (+) → | -0.57% | +6.87% | Est. Up ≥ 43.00 (+26.4%) · Early Up ≥ 33.39 · Est. Down < 33.21 |
| Trend · XHC.TO | 5 Established Down (−) → | -9.16% | -0.03% | Early Up ≥ 36.49 · Est. Down < 36.29 |
| Trading · TSX | 1 Established Up (+) → | +5.75% | +3.11% | Est. Up ≥ 32.38 (-4.8%) · Est. Down < 24.40 |
| Trading · XHC.TO | 1 Established Up (+) ↑ | +2.10% | +0.88% | Est. Up ≥ 33.48 (-1.6%) · Est. Down < 32.07 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 34.03)
| Band | Range | Distance | Tools in the cluster |
|---|
| R1 | 40.18–40.18 | +18.1% to +18.1% | ATH 07-16 40.18 |
| S1 | 32.50–33.11 | -2.7% to -4.5% | 50% 33.11 · wk low 09-18 32.50 |
| S2 | 31.05–31.45 | -7.6% to -8.8% | 61.8% 31.45 · wk low 09-04 31.05 |
| ATH | 40.18 | +18.1% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 32.50 (-4.5%): trading downgrades one state, re-anchor to S2 31.05–31.45.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 31.05 (-8.8%): trend downgrades one state, re-anchor to the next lower level (none computed).
- Trend vs TSX: Est. Up ≥ 43.00 (+26.4%) · above its 16-wk avg ≥ 33.39 · Est. Down < 33.21 (-2.4%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 32.38 · Est. Down < 24.40.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
PAG Canadian Focus List alternative, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-09-01 (RBC PAG "Canadian Equity Grid Fall 2026" (September 2026 – November 2026; canadian_grid_en.pdf; Focus List names and Alternatives by recommended position size), Gmail (sc.assistant80@gmail.com), "USFL and CFL equity grids" from stephen.k.chang@rbc.com, Oct 21, 2026 3:20 PM PT; Focus List weights from the Sep 1, 2026 Canadian Focus List Quarterly report (unchanged)); Grid Alternative (Health Care; no Focus List weight; recommended for <=2% positions). Benchmarks: S&P/TSX Composite (20 pts) and XHC.TO (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Short history (21 wks): under the 104 weekly bars of a full card. Checks that need more history (Fri close above 40-wk SMA, 40-wk SMA rising (4 wks), Fri close above 200-wk (4-yr) SMA, 4-mo SMA > 13-mo SMA (completed months, to Sep)) are left out of both the points earned and the points possible, and the score is rescaled to 0–100 (40 points computable). Trend shows N/A under 10 weekly bars or when fewer than 30 points can be computed. The 2-Friday confirmation uses the history that exists. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
