TIH.TO
Toromont Industries
$209.40
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
CFL constituent · entry card
| Buy zone (breakout retest) | — | — | no confirmed breakout, so no retest zone |
| Profit-Taking Zone | $225.88–229.24 | +7.9% to +9.5% | wk high 05-15, wk high 05-29, wk high 08-07 |
| Trading stop · daily close | below $199.04 | -4.9% | trading downgrade |
| Trend stop · Friday close | below $187.42 | -10.5% | trend downgrade one state |
| Breakout Buy Level | close above $215.58 | +3.0% | top of R1 (200-day SMA, wk low 05-22) |
APPENDIX · TIH.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 23.3
| RS vs TSX (20) + sector (10) | 0.0 + 0.0 = 0.0 / 30 |
| Structure (6 checks) | 14 / 30 |
| Score = (RS + structure) × 100/60 | 23.3 / 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) 4/4 · ✖ 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 Up → 10-02 Up → 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 32.2
| RS (S&P 20 + sector 10) | 15.4 + 1.0 / 30 |
| Structure | 8 / 25 |
| Coppock (daily) — BOUNCE tag — oversold & turning up inside a down structure (no boost) | 2.5 / 25 |
| Band position | 5.3 / 20 |
| Raw | 32.2 (Early Down) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 32.2 Early Down |
| ✔ Close above 50-day SMA 5/5 · ✖ 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) 0/5 |
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 (TIH.TO close needed) |
|---|
| Trend · TSX | 5 Established Down (−) → | -8.20% | -6.49% | Est. Up ≥ 276.52 (+32.1%) · Early Up ≥ 209.51 · Est. Down < 208.40 |
| Trend · ZIN.TO | 5 Established Down (−) → | -7.77% | -6.62% | Est. Up ≥ 257.59 (+23.0%) · Early Up ≥ 209.27 · Est. Down < 208.15 |
| Trading · TSX | 2 Early Up (+) ↑ | +3.66% | +5.35% | Est. Up ≥ 237.25 (+13.3%) · Early Up ≥ 201.79 · Est. Down < 200.72 |
| Trading · ZIN.TO | 5 Established Down (+) → | -0.43% | +2.43% | Est. Up ≥ 251.02 (+19.9%) · Early Up ≥ 210.36 · Est. Down < 209.23 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 209.40)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 236.64–243.50 | +13.0% to +16.3% | wk high 07-24 236.64 · wk high 10-09 240.81 · ATH 06-18 243.50 |
| R2 | 225.88–229.24 | +7.9% to +9.5% | wk high 05-15 225.88 · wk high 05-29 229.16 · wk high 08-07 229.24 |
| R1 | 209.87–215.58 | +0.2% to +3.0% | 200-day SMA 209.87 · wk low 05-22 210.25 · 40-wk SMA 211.12 · wk high 04-17 214.62 · wk high 03-06 215.58 |
| S1 | 199.04–204.30 | -2.4% to -4.9% | wk low 06-19 204.30 · wk low 05-01 202.29 · 50% 199.68 · wk low 07-31 199.04 |
| S2 | 187.42–189.33 | -9.6% to -10.5% | 61.8% 189.33 · wk low 03-27 187.44 · wk low 09-04 187.42 |
| S3 | 167.61–171.89 | -17.9% to -20.0% | wk low 01-30 171.89 · wk high ’25-10-31 168.56 · wk high ’25-12-19 168.46 · wk high ’25-11-28 167.61 |
| ATH | 243.50 | +16.3% | 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 < 199.04 (-4.9%): trading downgrades one state, re-anchor to S2 187.42–189.33.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 187.42 (-10.5%): trend downgrades one state, re-anchor to S3 167.61–171.89.
- Trend vs TSX: Est. Up ≥ 276.52 (+32.1%) · above its 16-wk avg ≥ 209.51 · Est. Down < 208.40 (-0.5%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 237.25 · Early Up ≥ 201.79 · Est. Down < 200.72.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
PAG Canadian Focus List holding, 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)); List weight 2.50%. 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).
