$130.67
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 | $136.19–139.88 | +4.2% to +7.0% | wk low ’25-03-14, wk low ’25-10-17, wk low 05-22 |
| Trading stop · daily close | below $129.44 | -0.9% | trading downgrade |
| Trend stop · Friday close | below $125.00 | -4.3% | trend downgrade one state |
| Breakout Buy Level | close above $134.61 | +3.0% | top of R1 (wk low 02-27, wk low 02-13) |
APPENDIX · RBA.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 41.2
| RS vs TSX (20) + sector (10) | 12.0 + 7.7 = 19.7 / 30 |
| Structure (6 checks) | 5 / 30 |
| Score = (RS + structure) × 100/60 | 41.2 / 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) 0/5
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 87.0
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 13 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 19.0 / 20 |
| Raw | 87.0 (Established Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 87.0 Established Up |
| ✔ Close above 50-day SMA 5/5 · ✔ 50-day SMA rising (10 d) 3/3 · ✖ Close above 100-day SMA 0/4 · ✖ 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 (RBA.TO close needed) |
|---|
| Trend · TSX | 3 Neutral (+) ↑ | -0.08% | +6.74% | Early Up ≥ 123.67 · Est. Down < 123.01 |
| Trend · ZIN.TO | 2 Early Up (+) ↑ | +0.45% | +6.59% | Est. Up ≥ 174.59 (+33.6%) · Early Up ≥ 123.49 · Est. Down < 122.83 |
| Trading · TSX | 1 Established Up (+) ↑ | +9.47% | +7.89% | Est. Up ≥ 119.30 (-8.7%) · Est. Down < 110.18 |
| Trading · ZIN.TO | 1 Established Up (+) ↑ | +5.20% | +4.90% | Est. Up ≥ 124.30 (-4.9%) · Est. Down < 117.58 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 130.67)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 140.77–144.24 | +7.7% to +10.4% | wk low 06-05 140.77 · wk low ’25-06-27 140.80 · wk low ’25-07-11 141.70 · wk low ’25-06-06 141.99 · 61.8% 143.60 · wk high ’25-11-14 144.24 |
| R2 | 136.19–139.88 | +4.2% to +7.0% | wk low ’25-03-14 136.19 · wk low ’25-10-17 137.37 · wk low 05-22 137.68 · 40-wk SMA 137.79 · 200-day SMA 138.44 · wk low 04-24 139.41 · wk high 2024-11-29 139.48 · wk low 01-09 139.88 |
| R1 | 131.91–134.61 | +0.9% to +3.0% | wk low 02-27 131.91 · wk low 02-13 133.02 · wk high ’25-01-03 133.90 · wk low ’25-11-21 134.43 · wk low ’25-11-07 134.61 |
| S1 | 129.44–130.59 | -0.1% to -0.9% | wk low 04-03 130.59 · wk low ’25-04-25 130.19 · wk low 03-20 129.44 |
| S2 | 125.00–126.64 | -3.1% to -4.3% | wk high 10-16 126.64 · wk low ’25-02-07 126.53 · wk low ’25-01-24 125.56 · wk low ’25-04-11 125.00 |
| S3 | 111.28–113.81 | -12.9% to -14.8% | wk low 08-21 113.81 · wk low 10-02 111.28 |
| ATH | 166.51 | +27.4% | 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 < 129.44 (-0.9%): trading downgrades one state, re-anchor to S2 125.00–126.64.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 125.00 (-4.3%): trend downgrades one state, re-anchor to S3 111.28–113.81.
- Trend vs TSX: above its 16-wk avg ≥ 123.67 · Est. Down < 123.01 (-5.9%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 119.30 · Est. Down < 110.18.
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 (Industrials; no Focus List weight; recommended for 2.5% positions). Benchmarks: S&P/TSX Composite (20 pts) and ZIN.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).
