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May 22, 2013 -- Updated April 26, 2012 12:23 HKT

Trade Alert: Canadian Pacific Railway Limited (NYSE:CP)


shayne@heffcap.com
Posted on: Apr 26th, 2012

Trade Alert: Canadian Pacific Railway Limited (NYSE:CP)

Profile: Canadian Pacific Railway Limited operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States.

It transports bulk commodities, including grain, coal, sulphur, and fertilizers; merchandise freight; finished vehicles and automotive parts; forest products, which include wood pulp, paper, paperboard, newsprint, lumber, panel, and oriented strand board; and industrial and consumer products comprising chemicals, energy, and plastics, as well as mine, metals, and aggregates.

The company provides rail and intermodal transportation services over a network of approximately 14,700 miles serving the principal business centers of Canada, from Montreal to Vancouver, British Columbia; and the Midwest and Northeast regions of the United States. Canadian Pacific Railway Limited was founded in Y 1881 and is HQ’d in Calgary, Canada.

Sector: Service, Railroads

Website: http://www.cpr.ca

News: Canadian Pacific sets the record straight on inaccurate statements on director compensation

LTN’s Pattern Recognition Analyst, Paul A. Ebeling, Jnr. ID’d the start of a new Bullish trend for

Shares of closed Tuesday at 76.76, and opened Wednesday at 77.24.
CPclosed the session Wednesday at 77.38, +0.75 (0.98%).

The price range Wednesday was between 76.55, and 77.76.

Volume: 482,320/shrs is less than its 3 mo average volume of 775,700/shrs.

CP is trading above its 20, 50 and 200-Day Moving Averages.

My Technical Indicators augur new Bullish price action in here (Early Call).

The stock’s 52 wk low is 44.74, and 52 wk high is 79.91, its P/E ratio is 19.36 , its EPS is 4.00, its RSI is 55.01, Beta is 1.32 , the Div & Yield is 1.20 (1.60), and the P/C ratio is 0 

Performance Metrics for: Wk.+1.19%, Mo.-0.53%, Q:+10.2%, 6 Mo.+32.42%: Yr.+23.78%

 

Analysis Overall Short Intermediate Long
Neutral (0.23) Neutral (0.13) Bullish (0.38) Neutral (0.17)

 

Recent CandleStick Analysis   Neutral
Date Candle
20 Apr 2012     DOJI
19 Apr 2012 Bearish Harami

 

Open Gaps

Direction     Date       Range
up 12 Apr 2012 74.23 to 74.66
up 30 Dec 2011 65.2 to 65.3
up 30 Nov 2011 58.66 to 59.31
up 28 Nov 2011 56.04 to 57.03
down 23 Apr 2012 76.49 to 75.82
down 28 Mar 2012 78.14 to 78.06

Support and Resistance
Type Value Conf.
resist. 84.65 1
resist. 79.69 2
resist. 78.21 3
supp 75.95 19
supp 72.94 4
supp 71.96 4
supp 69.96 3
supp 65.05 3
supp 63.80 2
supp 62.25 2
supp 61.45 2
supp 58.98 2
supp 55.58 3

 Technical Indicators

Ind. short Inter Long
EMA VBu VBu VBu
MACD VBe Be VBe
RSI Bu
TDD Bu
Fibs Bu Be VBu
Highs N VBu VBe
Lows Bu VBu N
Trends N N VBu
Stoch. Be
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish

1 yr Price Target Price Estimate: 95.00

Earnings Date:  3 May 2012

Analysts’ Recommendation: Strong Buy (Early Call)

rong>Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

 

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Posted by on Apr 26th, 2012and filed underAmericas, By Region, Equities, Latest News, Rail, Transport.You can follow any responses to this entry through theRSS 2.0You can skip to the end and leave a response. Pinging is currently not allowed.
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Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!

Tue, 04/30/13 | 0 Comment

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