Company Overview: ​ ATS Corporation (TSX: ATS) specializes in the planning, design, construction, commissioning, and servicing of automated manufacturing and assembly systems. The company delivers advanced automation solutions across a range of industries, helping clients improve productivity, precision, and operational efficiency. Bitfarms Ltd. (TSX: BITF) is a publicly traded, global bitcoin mining company focused on vertically integrated operations. The company develops, owns, and operates mining farms while managing all aspects in-house including electrical engineering, equipment installation, and maintenance. This Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.

Canada Market Round-Up

The S&P/TSX Composite Index (TSX: ^TSX) began the previous week with strong bullish momentum, gaining 326.23 points (+1.30%) to close at 25,357.74 on May 9, 2025. The upward trend extended into May 12, with the index rising another 174.44 points (+0.69%) to finish at 25,532.18. The rally was broad-based, driven by notable strength in sectors such as technology, healthcare, energy, real estate, industrials, consumer cyclicals, and financials. In contrast, basic materials, utilities, and consumer non-cyclicals underperformed during the same period. On the macroeconomic front, Statistics Canada reported an increase in the unemployment rate, which rose by 0.2 percentage points to 6.9% in April, potentially signaling some labor market softness. From a technical standpoint, the index remains above both its rising trendline support and the 21-period Simple Moving Average (SMA), reinforcing the continuation of the broader uptrend despite near-term fluctuations. Resistance is observed near the 26,200 level, while key support is anchored around 24,700. The weekly Relative Strength Index (RSI) stands at 58.87, suggesting stabilizing momentum with underlying buying interest still present.

On the macro front, the upcoming major economic events that may impact the Canadian market sentiment include CA Building Permits m/m, U.S PPI m/m and U.S Unemployment Claims.