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CA Technical Analysis Report

The S&P/TSX Composite Index Holds Above 21-Period SMA; GRID Shows Improving Momentum

Sep 29, 2026

  • GRID:TSX
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (CA$)

Company Overview: Tantalus Systems Holding Inc. (TSX: GRID) is a technology company. The Company’s segments include Connected Devices, and Software. The Company offers a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. This Report covers Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendation on this one stock.

Canada Market Round-Up

The S&P/TSX Composite Index ended the previous week on a softer note, declining 0.02% to close at 35,800.89 on 25 September 2026, reflecting some moderation after the recent upward movement. The index continues to trade above its 21-week Simple Moving Average of 35,442.67 and 50-week Simple Moving Average of 33,630.42, keeping the broader technical structure intact. The weekly 14-period RSI stands at 56.20, indicating balanced-to-positive momentum without reaching the overbought zone. On the upside, resistance is positioned near 36,199.66, followed by 36,554.56. On the downside, support is placed near 34,780.06, followed by 34,425.16. Continued trading above the moving averages could maintain the broader structure, while a break below support may increase consolidation pressure.

On the macro front, the upcoming major economic events that may impact the Canadian market sentiment include Canada GDP , CB Consumer Confidence, US GDP, Core PCE Prices, Nonfarm Payrolls and ISM Non-Manufacturing Prices.


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Past performance is not a reliable indicator of future performance.

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