In today’s edition of the Daily Stock Report, we are going to examine Pembina Pipeline Corp (PPL.TO). PPL.TO recently entered the Red Unfavored Zone in the SIA S&P/TSX Composite Index Report on May 12, 2025. The shares have faced significant underperformance, with a -0.52% decline over the past month, -2.74% in the quarter, and –1.96% year-to-date.
Fabrinet, a global precision manufacturing provider, has entered the Favored zone of the SIA MidCap 400 Index, climbing 313 spots to rank 12th. The stock is up 34.01% year-to-date and 70.76% this quarter, breaking resistance at $240 and $270. Point and figure vertical count analysis shows a spread double top with continued movement in a column of Xs.
In this update, we take a look at how different regions have performed in global equity markets over the last six months and what’s potentially driving those differences. We also dig into what’s happening with the U.S. Dollar against the Japanese Yen, and why that matters for U.S. stocks. The goal is to help investment advisors and portfolio managers stay mindful of the interplay between various global asset classes and the important intermarket relationships shaping today’s environment.
Today, we are going to highlight Ivanhoe Mines Ltd (IVN.TO). The SIA Platform issued a Red Unfavored signal back on January 8, 2025, at a price of $16.92. The earlier signal of a Neutral Zone with a negative SMAX occurred on November 13, 2024, at a price of $17.53. Since then, the shares have continued to weaken further and remain heavily entrenched at the bottom of the Red Unfavored Zone with a closing price at $10.23. The current price represents a 65% drop since the red unfavored rating, and a 71% drop since the earlier Neutral Zone with Red SMAX rating. This example highlights the logic behind staying away from investments which are not exhibiting any relative strength.
In today’s edition of the Daily Stock Report, we are going to highlight AtkinsRealis Group Inc (ATRL.TO). The SIA Platform issued a Green Favorable rating on October 16, 2024, in the SIA S&P/TSX Composite Index Report when the shares were at $63.63. Today, the shares now have a closing price of $93.86 which represents a price increase of 47% in a little over 8 months time.
Shares of Canadian Tire Corp. (CTC.A.TO) have recently begun to improve in relative strength rankings, now moving higher within the SIA S&P/TSX 60 Index Report after an extended period in the unfavored zone. This development comes amid notable corporate initiatives, including the continued rollout of pet focused shop in shop concepts through a partnership with Petco and the company’s investment in NuPort Robotics, a Canadian firm advancing autonomous trucking solutions for middle distance logistics. Over the past quarter, CTC.A.TO has climbed 31 positions in the SIA matrix to rank #23. On an absolute basis, the shares have gained 25.85% in the past quarter and 24.42% year to date, compared to a 15.84% year to date gain for the SIA S&P/TSX 60 Index Fund (EWIXIU.TO).
SSR Mining Inc (SSRM.TO) entered the Favored Zone in the SIA S&P/TSX Composite Index Report on December 9, 2024, at a price of $10.10. Since then, the shares have continued to strengthen further as the closing price is now at $17.52 which represents a 73% increase since its entry in the Favored Zone approximately six months ago. This exemplifies the example of staying in investments in the green favored zone and reinforces SIA’s methodology of finding and staying with the winners which exhibit strong relative strength as many market participants are looking at the name.
As mentioned in yesterday’s report on bullish percent, market breadth has narrowed, with only 9 of 31 sectors showing positive readings, signaling a shift to a more selective environment. The manufacturing sector, once a leader, is now underperforming, with Lennox International (LII) notably declining in both rank and price. Trading around $550 with a SMAX score of 0, LII appears vulnerable amid broad market weakness and sector-level deterioration.
This edition of Equity Leaders Weekly (ELW) explores the Bullish Percent Index, a technical tool that measures market breadth through bullish point-and-figure signals. After the April 10 edition of ELW signaled an oversold condition, the BPI may have helped elite advisors identify a market rally. Recent reversals from elevated readings suggest increased caution. The BPI may complement other indicators to provide deeper insights into market risk. Advisors are invited to explore these concepts further with SIA’s support and upcoming summer sessions.
MDA Space (MDA.TO) recently re-entered the Favored Zone of the SIA S&P/TSX Composite Index Report on May 26th, and is showing extremely strong relative strength moves up the S&P TSX Composite Index report gaining 1 spot in the last week, 85 spots in the last month, exemplifying the consistent money flow increases in the shares over the past little while. Currently, the shares reside in the 36th spot in the report.
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