$98.18
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
CFL alternative · entry card
APPENDIX · MRU.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 Neutral → 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 77.7
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 22 / 25 |
| Coppock (daily) — positive but rolling over from >80th pctile | 6.2 / 25 |
| Band position | 19.5 / 20 |
| Raw | 77.7 (Established Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 77.7 Established 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 (MRU.TO close needed) |
|---|
| Trend · TSX | 1 Established Up (+) → | +6.76% | +1.46% | Est. Up ≥ 92.41 (-5.9%) · Early Up ≥ 90.87 · Est. Down < 90.39 |
| Trend · XST.TO | 1 Established Up (+) → | +2.94% | +1.26% | Est. Up ≥ 94.62 (-3.6%) · Est. Down < 89.38 |
| Trading · TSX | 1 Established Up (+) → | +3.37% | +5.04% | Est. Up ≥ 95.41 (-2.8%) · Est. Down < 77.18 |
| Trading · XST.TO | 1 Established Up (+) ↑ | +1.27% | +1.00% | Est. Up ≥ 97.25 (-0.9%) · Est. Down < 94.36 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 98.18)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 107.05–109.20 | +9.0% to +11.2% | wk high ’25-05-09 107.05 · wk high ’25-07-04 107.18 · wk high ’25-08-08 107.78 · ATH ’25-05-28 109.20 |
| R2 | 102.72–103.59 | +4.6% to +5.5% | wk low ’25-07-04 102.72 · wk low ’25-06-20 103.23 · wk low ’25-07-18 103.43 · wk high ’25-04-04 103.59 |
| R1 | 98.47–101.30 | +0.3% to +3.2% | wk high 10-23 98.47 · wk high 02-27 99.70 · wk high 01-16 100.32 · wk low ’25-05-16 101.01 · wk high ’25-11-21 101.03 · wk high ’25-12-05 101.30 |
| S1 | 95.70–98.17 | -0.0% to -2.5% | wk high 04-10 98.17 · wk low ’25-08-15 97.91 · wk high ’25-02-28 97.25 · wk high ’25-10-17 97.12 · wk high 03-20 96.88 · wk high ’25-03-14 96.83 · wk low ’25-12-26 96.14 · wk high 07-31 95.92 · wk high 06-12 95.70 |
| S2 | 92.40–95.19 | -3.0% to -5.9% | wk high 07-17 95.19 · 50% 95.10 · wk high 06-26 94.91 · wk low ’25-09-05 94.88 · wk high 2024-12-13 94.86 · … +3 more · wk high 09-25 93.17 · wk low 03-13 92.88 · wk low 03-27 92.82 · 200-day SMA 92.58 · 40-wk SMA 92.40 |
| S3 | 89.64–92.00 | -6.3% to -8.7% | wk low ’25-09-26 92.00 · 61.8% 91.78 · wk low ’25-10-31 91.50 · wk low ’25-03-14 91.28 · wk low ’25-10-10 90.73 · wk high 09-04 90.68 · wk high 05-22 90.51 · wk low 07-24 90.42 · wk low ’25-02-21 90.00 · wk low 01-30 89.64 |
| ATH | 109.20 | +11.2% | 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 < 95.70 (-2.5%): trading downgrades one state, re-anchor to S2 92.40–95.19.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 92.40 (-5.9%): trend downgrades one state, re-anchor to S3 89.64–92.00.
- Trend vs TSX: Est. Up ≥ 92.41 (-5.9%) · above its 16-wk avg ≥ 90.87 · Est. Down < 90.39 (-7.9%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 95.41 · Est. Down < 77.18.
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 (Consumer Staples; no Focus List weight; recommended for 5% positions). Benchmarks: S&P/TSX Composite (20 pts) and XST.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).
