CLIQ.TO Alcanna (TSX) closes C$9.05 on Jan 22 2026: Oversold bounce potential
CLIQ.TO stock ended the TSX session closed at C$9.05 on 22 Jan 2026, down -1.20% on the day. Trading volume was 555,803, more than double the average of 244,415, a sign of higher intraday interest. There were no company-specific announcements, so the move looks driven by technical flows and sector rotation in Consumer Cyclical. For traders using an oversold bounce strategy, the mix of heavy volume, proximity to the 50-day average and a low P/E supports a short-term recovery setup.
CLIQ.TO stock technicals and market snapshot
Alcanna Inc. (CLIQ.TO) closed at C$9.05, with a daily range of C$9.01–C$9.62 and an open of C$9.08. Volume was 555,803, relative volume 2.27, and the 50-day average price is C$7.21 while the 200-day average is C$7.37, showing the stock remains above its medium-term averages. The combination of high volume and price near short-term resistance creates a classic oversold bounce setup for short-term traders.
CLIQ.TO stock fundamentals and valuation
Alcanna reports EPS C$1.02 and a trailing P/E of 8.87, which trades well below the Consumer Cyclical sector average P/E of 33.23. Key balance-sheet metrics include a current ratio of 3.19, book value per share C$3.22, and a debt-to-equity ratio of 2.40, indicating elevated leverage. Price-to-book stands at 2.81, and enterprise value over EBITDA is 4.66, suggesting valuation support if earnings hold.
Meyka AI grade and CLIQ.TO stock forecast
Meyka AI rates CLIQ.TO with a score out of 100: 58.87 | Grade: C+ | Suggestion: HOLD. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12-month target of C$11.00, which implies an upside of +21.55% versus the current C$9.05; forecasts are model-based projections and not guarantees.
CLIQ.TO stock risks and sector context
Risks include elevated leverage with interest coverage near 0.84 and concentration in alcohol and cannabis retail in Western Canada. The Consumer Cyclical sector shows stronger multiples and momentum, so macro softening or tighter consumer spending could pressure CLIQ.TO performance. Lack of a near-term earnings announcement means catalysts rely on seasonal sales, same-store sales updates, or broader retail flows.
CLIQ.TO stock trading plan: oversold bounce strategy
For an oversold bounce approach, traders may look for a confirmation candle above intraday resistance with volume above 244,415 average volume. A short-term target near the year high C$10.20 and a protective stop below C$8.00 frames risk-reward, but position size should match individual risk rules. Always confirm with price action and watch sector moves for follow-through.
Earnings, news flow and catalysts for CLIQ.TO stock
There is no scheduled earnings announcement in the feed and recent coverage is general company profile and retail metrics source. Market commentary has been sparse, so material catalysts would be same-store sales or guidance updates from Alcanna. Use reliable news checks and the Meyka stock page for live updates Meyka CLIQ.TO page.
Final Thoughts
CLIQ.TO stock closed the TSX session at C$9.05 on 22 Jan 2026, with heavy volume that supports a short-term oversold bounce case. Fundamentals show a low trailing P/E of 8.87, strong current ratio 3.19, and elevated leverage that adds event risk. Meyka AI’s forecast model projects C$11.00 in 12 months, implying +21.55% upside versus the current price; forecasts are model-based projections and not guarantees. Traders focused on an oversold bounce can watch for volume-backed breakouts above recent intraday resistance and use tight stops below C$8.00. For longer-term investors, the stock’s valuation versus sector peers and its debt profile argue for cautious position sizing. Use this analysis together with live news and your risk rules before trading, and check the official company site and market feeds for updates source. Meyka AI provided the AI-powered market analysis in this report.
FAQs
Is CLIQ.TO stock a buy after the Jan 22 2026 close?
CLIQ.TO stock shows a short-term oversold bounce setup, but elevated leverage and sector risk suggest caution. Traders can consider a scaled entry on a volume-backed breakout above recent resistance, while longer-term buyers should weigh the Meyka grade C+ and balance-sheet metrics.
What is Meyka AI’s forecast for CLIQ.TO stock?
Meyka AI’s forecast model projects C$11.00 at 12 months, implying +21.55% upside from C$9.05. Forecasts are model-based projections and not guarantees.
Which metrics matter most for CLIQ.TO analysis?
Focus on P/E 8.87, EPS C$1.02, current ratio 3.19, debt-to-equity 2.40, and volume versus the 244,415 average. These show valuation support but also leverage-driven risk.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
