ATCO LTD -CLASS I (ACO-X.CA) Stock Technical Analysis
TSX:ACO-X - Toronto Stock Exchange - CA0467894006 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to ACO-X. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACO-X is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ACO-X is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by ACO-X over the past year are nicely spread over this period.
ACO-X is one of the better performing stocks in the Multi-Utilities industry, it outperforms 90% of 22 stocks in the same industry.
ACO-X is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ACO-X is leading the market.
In the last month ACO-X has a been trading in a tight range between 50.11 and 52.48.
ACO-X has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.28
52.87
We found 3 important support areas.
- A support zone ranging from 49.61 to 51.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.07 to 47.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 45.74 to 46.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 52.10 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 | UP | POSITIVE | The long term trend for ACO-X.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACO-X.CA is neutral. |
| ChartMill Relative Strength | 78.05 | POSITIVE | ACO-X.CA has a high relative strength, it outperformed 78.05% off all stocks 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) | UP | POSITIVE | The current price of ACO-X.CA is above the rising 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) | 58.64 | NEUTRAL | The RSI value for ACO-X.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ACO-X.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.45 | NEUTRAL | The Stochastics value for ACO-X.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for ACO-X.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.43 | NEGATIVE | The low ADX value for ACO-X.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:ACO-X (6/13/2025, 7:00:00 PM)
51.99
+0.46 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.89%
1 Week2.99%
2 Weeks0.99%
1 Month3.3%
3 Month8.31%
6 Month8.38%
12 Month31.85%
2 Year31.82%
3 Year17.89%
5 Year29.1%
10 Year31.65%
15 Year336.52%
Volatility
ATR(14)0.72
ATR(20)%1.49%
ATR Inc91.44%
Range Today0.75
ADR(20)0.75
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.05
Mansfield0.59
10 Day High52.32
10 Day Low50.11
20 Day High52.48
20 Day Low50.11
52 Week High52.48
52 Week Low38.13
CS1 End51.83
CR1 Start52.1
Volume & EV
DER(3)2.29%
DER(5)0.92%
Volume293.29K
Volume Incr25.51%
Vol(5)226.44K
Vol(50)179.48K