$2488.86
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
CFL alternative · entry card
APPENDIX · FFH.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 76.7
| RS vs TSX (20) + sector (10) | 20.0 + 10.0 = 30.0 / 30 |
| Structure (6 checks) | 16 / 30 |
| Score = (RS + structure) × 100/60 | 76.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Up |
| Trend (confirmed) | Up |
✔ Fri close above 40-wk SMA 6/6 · ✖ 40-wk SMA rising (4 wks) 0/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✖ 4-mo SMA > 13-mo SMA (completed months, to Sep) 0/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Up → 10-23 Up → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 69.0
| RS (S&P 20 + sector 10) | 20.0 + 6.0 / 30 |
| Structure | 22 / 25 |
| Coppock (daily) — positive but rolling over from >80th pctile | 6.2 / 25 |
| Band position | 14.8 / 20 |
| Raw | 69.0 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 69.0 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✔ 50-day SMA rising (10 d) 3/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✖ 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 (FFH.TO close needed) |
|---|
| Trend · TSX | 1 Established Up (+) ↑ | +9.04% | +5.72% | Est. Up ≥ 2297.10 (-7.7%) · Est. Down < 2213.60 |
| Trend · XFN.TO | 1 Established Up (+) → | +7.59% | +1.89% | Est. Up ≥ 2336.10 (-6.1%) · Est. Down < 2059.05 |
| Trading · TSX | 1 Established Up (+) → | +2.59% | +1.48% | Est. Up ≥ 2442.55 (-1.9%) · Est. Down < 1827.25 |
| Trading · XFN.TO | 3 Neutral (+) ↓ | -0.00% | +0.35% | Est. Up ≥ 2502.65 (+0.6%) · Est. Down < 2168.45 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 2488.86)
| Band | Range | Distance | Tools in the cluster |
|---|
| R1 | 2494.41–2532.89 | +0.2% to +1.8% | wk high 04-24 2494.41 · wk high ’25-06-27 2508.57 · wk high ’25-08-01 2521.95 · wk high ’25-10-17 2522.33 · wk high 10-23 2532.89 |
| S1 | 2413.33–2486.15 | -0.1% to -3.0% | wk high ’25-07-11 2486.15 · wk high ’25-09-19 2475.00 · wk high 07-31 2474.64 · wk high 07-10 2456.76 · wk high ’25-11-28 2453.90 · wk high ’25-08-22 2449.15 · wk high 03-20 2427.88 · 50% 2422.50 · wk low ’25-07-18 2413.33 |
| S2 | 2334.96–2396.29 | -3.7% to -6.2% | wk low ’25-07-04 2396.29 · wk high 02-20 2388.00 · wk high ’25-05-30 2385.66 · 61.8% 2357.01 · wk low ’25-09-26 2353.02 · wk low ’25-09-12 2349.43 · wk high 09-18 2343.18 · wk high 09-04 2341.51 · wk low ’25-08-29 2335.49 · wk low ’25-08-15 2334.96 |
| S3 | 2286.85–2317.78 | -6.9% to -8.1% | wk low ’25-12-05 2317.78 · 200-day SMA 2312.57 · 40-wk SMA 2306.33 · wk high 06-12 2292.09 · wk high 05-15 2286.85 |
| ATH | 2700.00 | +8.5% | 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 < 2413.33 (-3.0%): trading downgrades one state, re-anchor to S2 2334.96–2396.29.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 2334.96 (-6.2%): trend downgrades one state, re-anchor to S3 2286.85–2317.78.
- Trend vs TSX: Est. Up ≥ 2297.10 (-7.7%) · above its 16-wk avg ≥ 2297.10 · Est. Down < 2213.60 (-11.1%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 2442.55 · Est. Down < 1827.25.
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 (Financials & Real Estate; no Focus List weight; recommended for <=2% positions). Benchmarks: S&P/TSX Composite (20 pts) and XFN.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. 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).
