$197.73
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 | $210.86–214.79 | +6.6% to +8.6% | wk low 03-27, wk low 02-13, wk low 02-27 |
| Trading stop · daily close | below $170.85 | -13.6% | trading downgrade |
| Trend stop · Friday close | below $156.64 | -20.8% | trend downgrade one state |
| Breakout Buy Level | close above $202.12 | +2.2% | top of R1 (40-wk SMA, wk high 05-29) |
APPENDIX · WSP.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 58.3
| RS vs TSX (20) + sector (10) | 20.0 + 10.0 = 30.0 / 30 |
| Structure (6 checks) | 5 / 30 |
| Score = (RS + structure) × 100/60 | 58.3 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Neutral |
| Confirmation (2 consecutive Fridays) | confirmed Neutral |
| Trend (confirmed) | Neutral |
✖ 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 5/5 · ✖ Fri close above 200-wk (4-yr) SMA 0/5 · ✖ 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 Neutral → 10-30 Neutral. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 68.9
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 9 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 4.9 / 20 |
| Raw | 68.9 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 68.9 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✔ Close above 100-day SMA 4/4 · ✖ Close above 200-day SMA 0/5 · ✖ 200-day SMA rising (20 d) 0/3 · ✖ 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 (WSP.TO close needed) |
|---|
| Trend · TSX | 1 Established Up (+) ↑ | +4.65% | +13.97% | Est. Up ≥ 178.38 (-9.8%) · Est. Down < 171.04 |
| Trend · ZIN.TO | 1 Established Up (+) ↑ | +4.92% | +13.81% | Est. Up ≥ 178.51 (-9.7%) · Est. Down < 156.59 |
| Trading · TSX | 1 Established Up (+) → | +11.75% | +7.64% | Est. Up ≥ 178.53 (-9.7%) · Est. Down < 138.41 |
| Trading · ZIN.TO | 1 Established Up (+) → | +7.39% | +4.66% | Est. Up ≥ 185.98 (-5.9%) · Est. Down < 138.41 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 197.73)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 229.59–234.01 | +16.1% to +18.3% | wk low ’25-11-21 229.59 · wk high 04-17 231.50 · wk high 05-08 231.99 · wk low 2024-11-22 234.01 |
| R2 | 210.86–214.79 | +6.6% to +8.6% | wk low 03-27 210.86 · wk low 02-13 213.18 · wk low 02-27 214.79 |
| R1 | 198.97–202.12 | +0.6% to +2.2% | 40-wk SMA 198.97 · wk high 05-29 199.73 · wk high 08-14 199.84 · 200-day SMA 202.12 |
| S1 | 170.85–176.09 | -10.9% to -13.6% | wk low 09-18 176.09 · wk low 06-26 170.85 |
| S2 | 156.64–158.82 | -19.7% to -20.8% | wk low 10-16 158.82 · wk low 07-24 156.64 |
| ATH | 291.46 | +47.4% | 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 < 170.85 (-13.6%): trading downgrades one state, re-anchor to S2 156.64–158.82.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 156.64 (-20.8%): trend downgrades one state, re-anchor to the next lower level (none computed).
- Trend vs TSX: Est. Up ≥ 178.38 (-9.8%) · above its 16-wk avg ≥ 178.38 · Est. Down < 171.04 (-13.5%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 178.53 · Est. Down < 138.41.
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).
