$84.88
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
CFL alternative · entry card
| Buy zone (breakout retest) | — | — | no confirmed breakout, so no retest zone |
| Profit-Taking Zone | $88.60–90.08 | +4.4% to +6.1% | wk high 03-20, wk low 05-15, 61.8% retr. |
| Trading stop · daily close | below $80.22 | -5.5% | trading downgrade |
| Trend stop · Friday close | below $77.60 | -8.6% | trend downgrade one state |
| Breakout Buy Level | close above $86.74 | +2.2% | top of R1 (wk low 01-30, wk high 10-02) |
APPENDIX · GRT-UN.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 16.7
| RS vs TSX (20) + sector (10) | 0.0 + 0.0 = 0.0 / 30 |
| Structure (6 checks) | 10 / 30 |
| Score = (RS + structure) × 100/60 | 16.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Down |
| Confirmation (2 consecutive Fridays) | confirmed Down |
| Trend (confirmed) | Down |
✖ Fri close above 40-wk SMA 0/6 · ✖ 40-wk SMA rising (4 wks) 0/4 · ✖ No lower high vs cycle high 0/5 · ✖ Fri close above 20-wk SMA 0/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Down → 10-23 Down → 10-30 Down. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 60.1
| RS (S&P 20 + sector 10) | 20.0 + 1.0 / 30 |
| Structure | 8 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 6.1 / 20 |
| Raw | 60.1 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 60.1 Early Up |
| ✖ Close above 50-day SMA 0/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✖ Close above 100-day SMA 0/4 · ✖ Close above 200-day SMA 0/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✔ 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 (GRT-UN.TO close needed) |
|---|
| Trend · TSX | 5 Established Down (−) → | -4.85% | -1.37% | Est. Up ≥ 113.89 (+34.2%) · Early Up ≥ 87.36 · Est. Down < 86.89 |
| Trend · XFN.TO | 5 Established Down (−) → | -6.04% | -4.94% | Est. Up ≥ 107.38 (+26.5%) · Early Up ≥ 88.81 · Est. Down < 88.33 |
| Trading · TSX | 1 Established Up (+) ↑ | +1.22% | +2.39% | Est. Up ≥ 84.09 (-0.9%) · Est. Down < 79.80 |
| Trading · XFN.TO | 5 Established Down (+) → | -1.36% | +1.25% | Est. Up ≥ 92.39 (+8.8%) · Early Up ≥ 86.17 · Est. Down < 85.71 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 84.88)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 92.04–92.89 | +8.4% to +9.4% | wk high 01-16 92.04 · wk low 06-26 92.20 · 50% 92.57 · wk high 02-27 92.89 |
| R2 | 88.60–90.08 | +4.4% to +6.1% | wk high 03-20 88.60 · wk low 05-15 89.14 · 61.8% 89.45 · 200-day SMA 89.82 · 40-wk SMA 90.06 · wk high 02-06 90.08 |
| R1 | 85.24–86.74 | +0.4% to +2.2% | wk low 01-30 85.24 · wk high 10-02 85.92 · wk high 10-23 86.74 |
| S1 | 80.22–82.45 | -2.9% to -5.5% | wk high ’25-08-22 82.45 · wk low 10-09 82.41 · wk high 2024-10-04 82.09 · wk low 09-25 81.43 · wk high ’25-10-24 81.05 · wk high ’25-09-26 80.22 |
| S2 | 77.60–79.93 | -5.8% to -8.6% | wk high ’25-09-12 79.93 · wk low 03-20 79.43 · wk high 2024-11-01 77.60 |
| S3 | 75.00–77.12 | -9.1% to -11.6% | wk high 2024-11-15 77.12 · wk high 2024-11-29 76.47 · wk low 2024-10-11 76.21 · wk low ’25-09-05 76.08 · wk low ’25-11-07 76.05 · wk low ’25-09-19 75.61 · wk low ’25-10-10 75.51 · wk low ’25-12-05 75.25 · wk low ’25-11-21 75.00 |
| ATH | 105.79 | +24.6% | 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 < 80.22 (-5.5%): trading downgrades one state, re-anchor to S2 77.60–79.93.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 77.60 (-8.6%): trend downgrades one state, re-anchor to S3 75.00–77.12.
- Trend vs TSX: Est. Up ≥ 113.89 (+34.2%) · above its 16-wk avg ≥ 87.36 · Est. Down < 86.89 (+2.4%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 84.09 · Est. Down < 79.80.
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 2.5% 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).
