$103.94
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 | $111.61–113.10 | +7.4% to +8.8% | wk high 04-24, wk high 05-08, ATH 08-24 |
| Trading stop · daily close | below $100.55 | -3.3% | trading downgrade |
| Trend stop · Friday close | below $97.44 | -6.3% | trend downgrade one state |
| Breakout Buy Level | close above $109.12 | +5.0% | top of R1 (wk high 05-29, wk high 07-31) |
APPENDIX · QSR.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 31.7
| RS vs TSX (20) + sector (10) | 0.0 + 0.0 = 0.0 / 30 |
| Structure (6 checks) | 19 / 30 |
| Score = (RS + structure) × 100/60 | 31.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Down |
| Confirmation (2 consecutive Fridays) | confirmed Up; Down pending 1/2 |
| Trend (confirmed) | Up |
✖ Fri close above 40-wk SMA 0/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✔ No lower high vs cycle high 5/5 · ✖ 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 Up → 10-23 Up → 10-30 Down. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 62.5
| RS (S&P 20 + sector 10) | 20.0 + 0.0 / 30 |
| Structure | 13 / 25 |
| Coppock (daily) — positive but decelerating | 12.5 / 25 |
| Band position | 17.0 / 20 |
| Raw | 62.5 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 62.5 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 5/5 · ✔ 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 (QSR.TO close needed) |
|---|
| Trend · TSX | 5 Established Down (−) ↓ | -2.68% | -3.00% | Est. Up ≥ 112.67 (+8.4%) · Early Up ≥ 104.01 · Est. Down < 103.46 |
| Trend · XST.TO | 5 Established Down (−) → | -6.28% | -3.19% | Est. Up ≥ 109.26 (+5.1%) · Early Up ≥ 108.43 · Est. Down < 107.85 |
| Trading · TSX | 1 Established Up (+) ↑ | +0.77% | +3.64% | Est. Up ≥ 103.43 (-0.5%) · Est. Down < 96.46 |
| Trading · XST.TO | 5 Established Down (−) → | -1.28% | -0.35% | Est. Up ≥ 115.64 (+11.3%) · Early Up ≥ 105.44 · Est. Down < 104.87 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 103.94)
| Band | Range | Distance | Tools in the cluster |
|---|
| R2 | 111.61–113.10 | +7.4% to +8.8% | wk high 04-24 111.61 · wk high 05-08 111.63 · ATH 08-24 113.10 |
| R1 | 106.00–109.12 | +2.0% to +5.0% | wk high 05-29 106.00 · wk high 07-31 106.92 · wk high 06-19 107.66 · wk high 07-17 109.12 |
| S1 | 100.55–103.46 | -0.5% to -3.3% | wk low 05-08 103.46 · 40-wk SMA 103.42 · 200-day SMA 102.90 · wk high ’25-11-28 102.75 · wk high 2024-10-25 102.37 · … +1 more · wk low 07-24 101.18 · 50% 101.09 · wk high 03-06 101.05 · wk high 2024-12-13 100.80 · wk low 06-26 100.55 |
| S2 | 97.44–99.65 | -4.1% to -6.3% | wk low 08-07 99.65 · wk high ’25-05-30 99.58 · wk low 06-05 98.74 · wk low 03-27 98.57 · wk low 10-09 98.42 · … +1 more · wk high ’25-02-14 98.19 · wk high ’25-10-17 97.83 · wk high 01-16 97.79 · wk high ’25-07-25 97.78 · wk high 02-06 97.44 |
| S3 | 93.20–96.05 | -7.6% to -10.3% | wk low 03-13 96.05 · wk low 2024-10-11 94.21 · wk low ’25-11-21 93.99 · wk low 2024-12-20 93.20 |
| ATH | 113.10 | +8.8% | 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 < 100.55 (-3.3%): trading downgrades one state, re-anchor to S2 97.44–99.65.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 97.44 (-6.3%): trend downgrades one state, re-anchor to S3 93.20–96.05.
- Trend vs TSX: Est. Up ≥ 112.67 (+8.4%) · above its 16-wk avg ≥ 104.01 · Est. Down < 103.46 (-0.5%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 103.43 · Est. Down < 96.46.
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 Discretionary; no Focus List weight; recommended for 2.5% 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).
