ATCO LTD -CLASS I (ACO-X.CA) Stock Technical Analysis
Canada - TSX:ACO-X - CA0467894006 - Common Stock
We assign a technical rating of 3 out of 10 to ACO-X. Recently some decent action could be observed, but in the medium term time frame this is still negative. ACO-X was also a bad performer in the overall market in the last year.
Although the technical rating is bad, ACO-X does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 51.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.34, a Stop Loss order could be placed below this zone.
More info and screens
46.42
We found 2 important support areas.
- A support zone ranging from 49.44 to 50.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.89 to 48.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 51.37 to 52.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ACO-X.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACO-X.CA is up. |
| ChartMill Relative Strength | 34.35 | NEUTRAL | ACO-X.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACO-X.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACO-X.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACO-X.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.72 | NEUTRAL | The RSI value for ACO-X.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests ACO-X.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.69 | OVERBOUGHT | The high Stochastics value suggests ACO-X.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for ACO-X.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for ACO-X.CA suggests a possible start of a new trend. |
TSX:ACO-X (10/9/2025, 7:00:00 PM)
50.56
-0.22 (-0.43%)