Industrials & materials

CCL Industries (CCL.B)

C$96.01 +1.6% on the day·+28.7% in a year·close Oct 13, 2026

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Buy74 / 100

Buy: 74 is at or above your Buy line of 60. Off the high (at its 1-year high) scores 99 and lifts it; Plays in (60%) scores 60 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	CCL.B	Points	Weight	Adds
Plays in	60%	60	40	24.0
Off the high	at its 1-year high	99	30	29.7
Trend	+9% vs 200-day	69	30	20.7

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for CCL.B

Factor	CCL.B	Points	What it is
Plays in	60%	60	The share of the plays you count that hold it now.
Analysts' upside	+13% · 10 analysts	47	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	–	–	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	20.6×	63	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	17.6×	43	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	–	–	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth.
Price to sales	2.1×	70	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	2.9×	50	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	1.5%	42	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	–	–	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher.
Revenue growth	+9%	36	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin	10%	48	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	15%	58	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.48×	53	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	at its 1-year high	99	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	+9% vs 200-day	69	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	+29%	64	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	1/10 · low	90	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on CCL.B

60 of the 100 plays hold CCL.B right now.
The trend-following, momentum and volume plays mostly say in; the mean-reversion plays mostly say out.
It closed 9% above its 200-day average and at a 52-week high.
Crash exposure reads low: it fell about 1.2× as far as its index in past crashes.
Analysts' average 12-month target is C$108.10, 13% above the close (10 analysts).

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in60 / 100Every play Be The Puck tests, in 7 families.

Crash exposureLow1 of 10 on the storm test Mayer Multiple1.09×Price ÷ its 200-day average (+9%). Higher than on 57% of days since 2005. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about CCL.B now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn CCL.B: right 21 of 48 · Out since Jun 19, 2025 Breakouts & channelsP&F Double TopIN37% of 36,314 calls rightOn CCL.B: right 21 of 79 · In since Jun 24, 2026 Momentum12-1 MomentumIN44% of 8,156 calls rightOn CCL.B: right 8 of 28 · In since Nov 28, 2025 Mean reversionBollinger ReversionOUT64% of 53,095 calls rightOn CCL.B: right 105 of 158 · Out since May 14, 2026 Volume & money flowMoney Flow IndexOUT59% of 13,925 calls rightOn CCL.B: right 34 of 53 · Out since May 28, 2026 Candles & chart patternsEngulfing SwitchIN50% of 38,976 calls rightOn CCL.B: right 81 of 165 · In since Oct 8, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn CCL.B: right 26 of 43 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

CCL.B, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved CCL.B lately

Its biggest move against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Fri Sep 18−3.1% against the S&P/TSX2.2× a normal day

CCL.B −3.3%, the S&P/TSX −0.2% that session; −3.2% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on CCL.B was found for this session. Be The Puck's headline archive for CCL.B starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved −0.2%. The 52 other Industrials & materials stocks Be The Puck covers moved −0.6% on average, so most of the move was its own.

Next earnings report

Wed Nov 11, 2026

From Yahoo Finance's calendar; dates can move. Analysts expect earnings per share of 1.33.

Over its last 12 reports, CCL.B's typical move against the S&P/TSX at the first close after the report was ±3.7% (median size, either way); it finished ahead of the index 7 times.
CCL.B after beats of 5% or more: ahead of its index at the first close after the report 17 of 24 times (median +4.6%).
CCL.B after misses of any size: behind its index at the first close after the report 11 of 13 times (median −3.5%).
Across all covered stocks, beats of 5% or more were followed by a gain against the index 64% of the time and misses by a drop 62% of the time.

Whether a report beats is only known once it is out, so these say how the stock has reacted, not which way it will go.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on CCL.B

All 100 plays, by family.

Trend following22 of 30 in Breakouts & channels6 of 15 in Momentum16 of 17 in Mean reversion3 of 15 in Volume & money flow7 of 9 in Candles & chart patterns1 of 3 in Calendar5 of 11 in

Calls right: how often the play's calls on CCL.B went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	IN	Oct 8, 2026 +2.1%	Exit below C$94.07 (−2.0%)	24% 162/677	+3.1% / +17.9%	−71.6% / −57.0%
Bull Market Support BandBenjamin Cowen · weekly	IN	Jun 19, 2026 +9.6%	Exit below C$91.60 (−4.6%)	22% 27/125	+7.3% / +17.9%	−51.8% / −57.0%
Ripster EMA CloudRipster · daily	IN	Sep 22, 2026 +2.6%	Exit below C$93.19 (−2.9%)	19% 78/417	+4.7% / +17.9%	−73.3% / −57.0%
Trend TemplateMark Minervini · daily	OUT	Apr 20, 2026 +11.9%	Enter above C$96.74 (+0.8%)	15% 32/213	+4.0% / +16.4%	−53.5% / −57.0%
Stage AnalysisStan Weinstein · weekly	IN	Jun 19, 2026 +9.6%	Exit below C$89.87 (−6.4%)	27% 19/71	+11.6% / +17.9%	−27.5% / −57.0%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Sep 11, 2026 +2.7%	Enter above C$95.84 (−0.2%)	25% 30/118	+6.5% / +17.9%	−50.6% / −57.0%
10-Month SMAMeb Faber · month-end	IN	May 30, 2025 +22.9%	Exit below C$89.54 (−6.7%)	42% 13/31	+16.6% / +17.9%	−34.9% / −57.0%
200-Day RulePaul Tudor Jones · daily	IN	Jun 11, 2026 +15.2%	Exit below C$88.42 (−7.9%)	16% 20/123	+14.6% / +17.9%	−32.0% / −57.0%
Golden CrossMarket tradition · daily	IN	Jun 24, 2025 +24.7%	Not on one close	40% 10/25	+14.9% / +17.9%	−40.4% / −57.0%
Granville 200-DayJoseph E. Granville · daily	IN	Jun 11, 2026 +15.2%	Exit below C$88.42 (−7.9%)	17% 15/87	+13.0% / +17.9%	−38.7% / −57.0%
Hull Moving AverageAlan Hull · weekly	OUT	Sep 18, 2026 +3.4%	Enter above C$94.61 (−1.5%)	33% 50/150	+5.8% / +17.9%	−43.7% / −57.0%
Kaufman Adaptive MAPerry J. Kaufman · daily	IN	Sep 25, 2026 +2.0%	Exit below C$93.25 (−2.9%)	26% 200/779	+6.5% / +17.9%	−52.9% / −57.0%
TEMA CrossoverPatrick G. Mulloy · daily	OUT	Aug 25, 2026 +3.2%	Enter above C$95.08 (−1.0%)	35% 89/253	+6.1% / +17.9%	−55.5% / −57.0%
Seykota 15/150Ed Seykota · daily	IN	May 9, 2025 +26.0%	Not on one close	35% 7/20	+14.2% / +16.7%	−36.8% / −57.0%
Guppy Multiple MAsDaryl Guppy · daily	IN	Jun 22, 2026 +7.4%	Exit below C$89.38 (−6.9%)	25% 37/151	+7.1% / +17.9%	−48.5% / −57.0%
Ichimoku CloudGoichi Hosoda · daily	IN	Jun 22, 2026 +7.4%	Exit below C$92.88 (−3.3%)	28% 34/121	+9.2% / +17.9%	−47.8% / −57.0%
SupertrendOlivier Seban · daily	IN	Jun 22, 2026 +7.4%	Exit below C$90.18 (−6.1%)	34% 50/149	+6.5% / +17.9%	−50.9% / −57.0%
Williams AlligatorBill Williams · daily	IN	Oct 1, 2026 +1.5%	Flips at next check	35% 114/323	+3.9% / +17.9%	−61.8% / −57.0%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	IN	Oct 9, 2026 +1.6%	Exit below C$91.30 (−4.9%)	35% 195/556	+2.5% / +17.9%	−60.9% / −57.0%
AroonTushar S. Chande · daily	IN	Sep 22, 2026 +2.6%	Exit below C$90.37 (−5.9%)	33% 75/224	+5.8% / +17.9%	−45.0% / −57.0%
Parabolic SARJ. Welles Wilder Jr. · daily	OUT	Oct 7, 2026 +3.0%	Enter above C$96.78 (+0.8%)	37% 173/469	+5.0% / +17.9%	−43.9% / −57.0%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Aug 31, 2026 +3.6%	Not on one close	28% 44/160	+3.6% / +17.9%	−32.9% / −57.0%
MACD Zero LineGerald Appel · daily	IN	Sep 14, 2026 +1.8%	Exit below C$89.78 (−6.5%)	26% 52/202	+7.1% / +17.9%	−53.7% / −57.0%
Zweig 4% ModelMartin Zweig · weekly	IN	Jun 19, 2026 +9.6%	Exit below C$92.29 (−3.9%)	36% 68/187	+8.4% / +17.9%	−40.6% / −57.0%
MAMA/FAMA CrossJohn F. Ehlers · daily	IN	Sep 28, 2026 +0.8%	Exit below C$73.43 (−23.5%)	33% 78/238	+10.4% / +17.9%	−48.6% / −57.0%
Schaff Trend CycleDoug Schaff · daily	IN	Sep 15, 2026 +1.0%	Not on one close	36% 92/254	+6.7% / +17.9%	−49.1% / −57.0%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	IN	Sep 11, 2026 +2.7%	Exit below C$89.73 (−6.5%)	28% 47/168	+8.6% / +17.9%	−46.8% / −57.0%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	IN	Jun 23, 2026 +8.0%	Exit below C$78.53 (−18.2%)	27% 29/109	+10.2% / +17.9%	−52.0% / −57.0%
Elder Triple ScreenAlexander Elder · daily	OUT	Aug 25, 2026 +3.2%	Not on one close	27% 58/214	−0.4% / +17.9%	−47.7% / −57.0%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Jun 19, 2025 +27.3%	Not on one close	44% 21/48	+2.3% / +17.9%	−14.2% / −57.0%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	IN	Jun 24, 2026 +5.4%	Exit below C$91.53 (−4.7%)	36% 45/124	+6.4% / +17.9%	−48.1% / −57.0%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Sep 1, 2026 +5.9%	Enter above C$97.11 (+1.1%)	25% 41/162	+2.0% / +17.9%	−48.9% / −57.0%
Turtle System 2Richard Dennis & William Eckhardt · daily	IN	Jun 24, 2026 +5.4%	Exit below C$91.53 (−4.7%)	23% 26/113	+2.4% / +17.9%	−49.6% / −57.0%
Clenow TrendAndreas F. Clenow · daily	OUT	Sep 1, 2026 +5.9%	Enter above C$96.37 (+0.4%)	28% 28/100	+4.8% / +17.9%	−31.8% / −57.0%
Darvas BoxNicolas Darvas · daily	IN	Sep 16, 2026 −0.2%	Exit below C$91.53 (−4.7%)	31% 39/127	+5.2% / +17.9%	−38.9% / −57.0%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Aug 12, 2026 +5.2%	Enter above C$98.13 (+2.2%)	25% 39/156	+0.6% / +17.9%	−47.6% / −57.0%
Bollinger BreakoutJohn Bollinger · daily	OUT	Aug 25, 2026 +3.2%	Enter above C$96.75 (+0.8%)	25% 65/257	−2.7% / +17.9%	−70.3% / −57.0%
Chandelier ExitChuck LeBeau · daily	OUT	Sep 1, 2026 +5.9%	Enter above C$96.25 (+0.2%)	33% 63/189	+4.3% / +17.9%	−46.9% / −57.0%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	IN	Oct 13, 2026 0.0%	Exit below C$90.77 (−5.5%)	31% 55/177	+4.1% / +17.9%	−64.9% / −57.0%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	IN	Jun 24, 2026 +5.4%	Exit below C$89.59 (−6.7%)	27% 21/79	+5.6% / +17.9%	−68.7% / −57.0%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	OUT	Sep 21, 2026 +4.1%	Enter above C$96.75 (+0.8%)	24% 83/353	+2.1% / +17.9%	−70.0% / −57.0%
Acceleration BandsPrice Headley · daily	OUT	Jul 6, 2026 +4.5%	Not on one close	26% 39/148	+1.4% / +17.9%	−21.4% / −57.0%
TTM SqueezeJohn F. Carter · daily	OUT	Apr 16, 2026 +12.3%	Enter above C$97.99 (+2.1%)	28% 48/169	−1.4% / +17.9%	−40.4% / −57.0%
NR7 BreakoutToby Crabel · daily	IN	Oct 13, 2026 0.0%	Exit below C$93.71 (−2.4%)	34% 237/703	+5.2% / +17.9%	−59.3% / −57.0%
Bollinger SqueezeJohn Bollinger · daily	OUT	Jul 15, 2025 +24.4%	Not on one close	28% 11/40	+3.0% / +17.9%	−15.7% / −57.0%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	IN	Nov 28, 2025 +14.2%	Exit below C$79.83 (−16.8%)	33% 10/30	+13.1% / +17.9%	−35.0% / −57.0%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	IN	Nov 28, 2025 +14.2%	Not on one close	29% 8/28	+10.7% / +17.9%	−53.5% / −57.0%
Dual MomentumGary Antonacci · month-end	IN	Sep 30, 2026 +2.3%	Exit below C$88.77 (−7.5%)	28% 9/32	+11.3% / +17.9%	−33.9% / −57.0%
Stocks on the MoveAndreas F. Clenow · daily	IN	Jul 3, 2026 +4.0%	Exit below C$91.03 (−5.2%)	16% 28/175	+7.7% / +17.9%	−46.4% / −57.0%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	IN	May 30, 2025 +22.9%	Exit below C$81.92 (−14.7%)	33% 7/21	+10.8% / +17.9%	−52.2% / −57.0%
Levy Relative StrengthRobert A. Levy · weekly	IN	Sep 25, 2026 +2.0%	Exit below C$93.81 (−2.3%)	26% 30/117	+10.6% / +17.9%	−34.5% / −57.0%
MACD Signal CrossGerald Appel · daily	IN	Oct 13, 2026 0.0%	Exit below C$93.56 (−2.5%)	32% 136/428	+4.6% / +17.9%	−52.6% / −57.0%
Elder ImpulseAlexander Elder · daily	IN	Oct 8, 2026 +2.1%	Exit below C$94.29 (−1.8%)	29% 226/787	+3.8% / +17.9%	−70.7% / −57.0%
Know Sure ThingMartin J. Pring · daily	IN	Oct 8, 2026 +2.1%	Exit below C$94.09 (−2.0%)	34% 115/334	+0.7% / +17.9%	−54.8% / −57.0%
Coppock CurveEdwin S. C. Coppock · month-end	IN	Feb 29, 2024 +45.1%	Not on one close	33% 5/15	+14.2% / +16.1%	−50.4% / −57.0%
CCI +100Donald R. Lambert · daily	IN	Oct 13, 2026 0.0%	Exit below C$95.19 (−0.9%)	26% 168/655	−2.5% / +17.9%	−64.2% / −57.0%
TRIX Signal CrossJack K. Hutson · daily	IN	Oct 13, 2026 0.0%	Exit below C$92.62 (−3.5%)	37% 105/284	+2.9% / +17.9%	−55.8% / −57.0%
TSI Zero LineWilliam Blau · daily	IN	Sep 14, 2026 +1.8%	Exit below C$89.66 (−6.6%)	26% 52/200	+7.1% / +17.9%	−55.4% / −57.0%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	IN	Apr 30, 2026 +12.8%	Exit below C$91.53 (−4.7%)	38% 30/78	+13.5% / +17.9%	−56.0% / −57.0%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	IN	Nov 28, 2025 +14.2%	Not on one close	13% 3/23	+8.7% / +16.6%	−53.5% / −57.0%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	OUT	Aug 31, 2026 +3.6%	Not on one close	35% 15/43	+7.3% / +17.9%	−54.2% / −57.0%
PMO Signal CrossCarl Swenlin · daily	IN	Oct 13, 2026 0.0%	Exit below C$94.21 (−1.9%)	32% 115/356	+3.8% / +17.9%	−58.1% / −57.0%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	OUT	Nov 17, 2025 +15.4%	Not on one close	67% 26/39	+9.8% / +17.9%	−45.4% / −57.0%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Sep 3, 2026 +3.3%	Not on one close	58% 197/338	+4.9% / +17.9%	−23.7% / −57.0%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Oct 13, 2026 0.0%	Buy C$88.42–C$93.25 (−2.9%)	56% 212/378	+2.2% / +17.9%	−55.5% / −57.0%
Bollinger ReversionJohn Bollinger · daily	OUT	May 14, 2026 +11.1%	Buy below C$91.55 (−4.6%)	66% 105/158	+6.6% / +17.9%	−33.9% / −57.0%
Stochastic 20/80George C. Lane · daily	OUT	Jun 25, 2026 +4.6%	Not on one close	63% 100/158	+9.2% / +17.9%	−50.3% / −57.0%
Williams %RLarry Williams · daily	OUT	Sep 18, 2026 +3.4%	Not on one close	62% 182/292	+8.3% / +17.9%	−56.6% / −57.0%
DeMark 9-CountTom DeMark · daily	OUT	Jun 19, 2026 +9.6%	Not on one close	73% 59/81	+15.8% / +17.9%	−26.5% / −57.0%
Mayer MultipleTrace Mayer · daily	IN	Nov 22, 2004 +3,745.3%	Sell above C$213.70 (+122.6%)	–	+17.9% / +17.9%	−57.0% / −57.0%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Feb 2, 2012 +1,689.7%	Not on one close	60% 6/10	+2.1% / +17.9%	−6.0% / −57.0%
Laguerre RSIJohn F. Ehlers · daily	OUT	Oct 7, 2026 +3.0%	Not on one close	51% 169/334	+11.1% / +17.9%	−35.6% / −57.0%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	IN	Oct 8, 2026 +2.1%	Exit below C$95.54 (−0.5%)	54% 233/429	+10.7% / +17.9%	−50.6% / −57.0%
IBS ReversionAlexander S. Pagonidis · daily	OUT	Oct 5, 2026 +1.6%	Buy below C$96.01 (0.0%)	59% 1116/1877	+9.2% / +17.9%	−28.9% / −57.0%
Connors %bLarry Connors & Cesar Alvarez · daily	OUT	May 14, 2026 +11.1%	Not on one close	61% 62/102	+7.3% / +17.9%	−20.4% / −57.0%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 13, 2026 0.0%	Exit below C$92.67 (−3.5%)	38% 403/1059	+8.5% / +17.9%	−39.9% / −57.0%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	OUT	Sep 30, 2026 +2.3%	Buy below C$95.72 (−0.3%)	66% 94/143	+12.3% / +17.9%	−34.7% / −57.0%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Oct 13, 2026 0.0%	Exit below C$96.01 (0.0%)	28% 185/650	+5.5% / +17.9%	−53.3% / −57.0%
Chaikin Money FlowMarc Chaikin · daily	OUT	Aug 25, 2026 +3.2%	Not on one close	35% 73/210	+3.3% / +17.9%	−47.1% / −57.0%
Money Flow IndexGene Quong & Avrum Soudack · daily	OUT	May 28, 2026 +9.6%	Not on one close	64% 34/53	+10.3% / +17.9%	−28.2% / −57.0%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Dec 17, 2025 +13.4%	Not on one close	30% 29/98	+11.7% / +18.0%	−59.8% / −57.0%
Force IndexAlexander Elder · daily	IN	Oct 13, 2026 0.0%	Exit below C$95.29 (−0.8%)	30% 200/673	+6.4% / +17.9%	−58.4% / −57.0%
Buff AveragesBuff Dormeier · daily	IN	Sep 28, 2026 +0.8%	Exit below C$91.83 (−4.4%)	33% 119/362	+4.6% / +17.9%	−58.6% / −57.0%
Chaikin OscillatorMarc Chaikin · daily	IN	Oct 13, 2026 0.0%	Exit below C$96.01 (0.0%)	35% 200/573	−0.1% / +17.9%	−62.5% / −57.0%
Volume Flow IndicatorMarkos Katsanos · daily	IN	May 12, 2026 +15.4%	Not on one close	39% 47/121	+11.3% / +18.1%	−51.7% / −57.0%
Klinger OscillatorStephen J. Klinger · daily	IN	Oct 6, 2026 +2.1%	Not on one close	38% 336/882	+8.8% / +17.9%	−48.1% / −57.0%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	IN	Oct 8, 2026 +2.1%	Exit below C$95.00 (−1.1%)	49% 81/165	+9.2% / +17.9%	−32.1% / −57.0%
HikkakeDaniel L. Chesler · daily	OUT	Jan 29, 2026 +19.6%	Not on one close	34% 39/115	+6.8% / +17.9%	−46.0% / −57.0%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	May 4, 2026 +16.4%	Not on one close	37% 19/52	−0.1% / +17.9%	−20.9% / −57.0%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 +12.8%	Buys Oct 30	60% 26/43	+12.6% / +17.9%	−53.0% / −57.0%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	IN	Oct 13, 2026 0.0%	Window opens Apr 1	57% 25/44	+13.5% / +17.9%	−48.6% / −57.0%
Seasonal TimingSy Harding · daily	OUT	Apr 20, 2026 +11.9%	Window opens Oct 16	51% 22/43	+13.0% / +17.9%	−43.5% / −57.0%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 +11.8%	Buys Dec 23	34% 15/44	+2.6% / +17.9%	−9.0% / −57.0%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 +1.6%	Buys Oct 29	50% 263/526	+5.9% / +17.9%	−29.7% / −57.0%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 +2.3%	Sells Jun 30	45% 5/11	+5.9% / +17.9%	−17.2% / −57.0%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 +1.4%	Buys Nov 24	48% 186/386	+1.8% / +17.9%	−15.0% / −57.0%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +76.5%	Not on one close	35% 7/20	+8.0% / +17.9%	−42.0% / −57.0%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	53% 1208/2284	+15.3% / +17.9%	−43.4% / −57.0%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 −0.2%	Buys Oct 27	44% 152/348	+2.3% / +17.9%	−10.2% / −57.0%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 +2.0%	Sells Oct 16	50% 273/541	+10.1% / +17.9%	−36.2% / −57.0%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Jan 4, 2005	Always in	–	+17.9%	−57.0%

If the market cracks: the storm test

How the storm test works

ExposureLow1 of 10 points

Market swings0/3
Past crashes1/2
Debt0/3
Run-up0/2

It fell about 1.2× as far as its index in past crashes.

Past crashes, peak to low

Financial crisis Oct 2007 to Mar 2009 · back to its old high Dec 2012

CCL.B−54%

TSX−47%

COVID crash Feb 2020 to Mar 2020 · back to its old high Nov 2020

CCL.B−38%

TSX−37%

2022 bear market Jan 2022 to May 2022 · back to its old high Sep 2022

CCL.B−20%

TSX−14%

Beta0.79Moves about 0.8× as much as the TSX week to week.
Downside capture34%In months the TSX fell, this fell 34% as much on average (it often rose anyway).
Two-year change+22%
From 52-week high−0%
Debt to equity0.48×
Net debt / EBITDA1.1×Years of operating cash earnings it would take to pay off its debt.
Interest cover10.7×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Packaging & Containers · CCL Industries Inc. manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through four segments, CCL, Avery, Checkpoint, and Innovia.

Size and valuation
Market cap	C$16.2B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	C$7.9B	Total sales. The market values it at 2.1× sales.
P/E ratio	20.6×	Buyers pay C$21 for each C$1 of the last year's profit.
Forward P/E	17.6×	Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book	2.9×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	10.3%	Keeps 10¢ of each dollar of sales as profit.
Revenue growth	+9.1%	Last quarter's sales against the same quarter a year earlier.
Return on equity	14.7%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	C$867M	Cash left after running and investing in the business.

Balance sheet
Total equity	C$5.6B	What it owns minus what it owes.
Total debt	C$2.7B	Loans and bonds it has to pay back, with interest.
Cash	C$976M	Cash and short-term investments on hand.
Debt to equity	0.48×	Comfortable.
Interest cover	10.7×	Interest is easily paid from profit.

Wall Street
Average analyst target	C$108.10	13% above the close, from 10 analysts (range C$98.00 to C$115.00).
Dividend yield	1.52%	Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

CCL.B: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Industrials & materials: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

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