$88.93
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 | $98.29–100.18 | +10.5% to +12.7% | wk high 06-12, wk high 05-22, wk high 07-24 |
| Trading stop · daily close | below $86.58 | -2.6% | trading downgrade |
| Trend stop · Friday close | below $83.36 | -6.3% | trend downgrade one state |
| Breakout Buy Level | close above $91.50 | +2.9% | top of R1 (40-wk SMA, wk high 03-06) |
APPENDIX · TRP.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 69.0
| RS vs TSX (20) + sector (10) | 15.4 + 1.0 = 16.4 / 30 |
| Structure (6 checks) | 25 / 30 |
| Score = (RS + structure) × 100/60 | 69.0 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Down; Up pending 1/2 |
| Trend (confirmed) | Down |
✔ Fri close above 40-wk SMA 6/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ 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) 5/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Down → 10-23 Down → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 76.6
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 21 / 25 |
| Coppock (daily) — positive but decelerating | 12.5 / 25 |
| Band position | 13.1 / 20 |
| Raw | 76.6 (Established Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 76.6 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 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 (TRP.TO close needed) |
|---|
| Trend · TSX | 2 Early Up (+) ↑ | +2.76% | +5.09% | Est. Up ≥ 104.84 (+17.9%) · Early Up ≥ 87.24 · Est. Down < 86.78 |
| Trend · XEG.TO | 5 Established Down (+) → | -7.63% | +2.56% | Early Up ≥ 96.52 · Est. Down < 96.01 |
| Trading · TSX | 1 Established Up (+) → | +2.66% | +0.74% | Est. Up ≥ 86.84 (-2.4%) · Est. Down < 81.64 |
| Trading · XEG.TO | 1 Established Up (+) ↑ | +4.49% | +1.90% | Est. Up ≥ 85.31 (-4.1%) · Est. Down < 81.37 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 88.93)
| Band | Range | Distance | Tools in the cluster |
|---|
| R2 | 98.29–100.18 | +10.5% to +12.7% | wk high 06-12 98.29 · wk high 05-22 98.62 · wk high 07-24 99.76 · ATH 06-25 100.18 |
| R1 | 89.26–91.50 | +0.4% to +2.9% | 40-wk SMA 89.26 · wk high 03-06 89.68 · wk high 04-10 90.27 · wk low 06-05 91.11 · wk high 05-01 91.50 |
| S1 | 86.58–88.68 | -0.3% to -2.6% | wk high 10-16 88.68 · 200-day SMA 88.66 · wk high 09-04 88.58 · wk high 02-13 86.97 · 50% 86.58 |
| S2 | 83.36–85.56 | -3.8% to -6.3% | wk low 04-03 85.56 · wk low 03-13 85.29 · wk low 08-28 84.48 · wk low 09-11 83.79 · wk low 10-16 83.49 · 61.8% 83.36 |
| S3 | 80.86–81.00 | -8.9% to -9.1% | wk low 04-17 81.00 · wk low 10-02 80.86 |
| ATH | 100.18 | +12.7% | 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 < 86.58 (-2.6%): trading downgrades one state, re-anchor to S2 83.36–85.56.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 83.36 (-6.3%): trend downgrades one state, re-anchor to S3 80.86–81.00.
- Trend vs TSX: Est. Up ≥ 104.84 (+17.9%) · above its 16-wk avg ≥ 87.24 · Est. Down < 86.78 (-2.4%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 86.84 · Est. Down < 81.64.
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 XEG.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).
