ATCO LTD -CLASS I (ACO-X.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ACO-X • CA0467894006
Overall ACO-X gets a technical rating of 8 out of 10. Although ACO-X is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- ACO-X is part of the Multi-Utilities industry. There are 19 other stocks in this industry. ACO-X outperforms 77% of them.
- ACO-X is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, ACO-X outperforms 58% of them, which is more or less in line with the market.
- In the last month ACO-X has a been trading in the 57.07 - 60.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACO-X has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 56.94, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
48.37
4 important support areas can be observed.
- A support zone ranging from 55.85 to 56.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.34 to 53.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.04 from a trend line in the weekly time frame.
- Support @48.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.27 to 60.15. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for ACO-X.CA is up. |
| ChartMill Relative Strength | 58.5 | 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) | 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) | 56.35 | NEUTRAL | The RSI value for ACO-X.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ACO-X.CA has a negative trend. |
| Stochastics (14,3) | 66.78 | NEUTRAL | The Stochastics value for ACO-X.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for ACO-X.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 36.09 | POSITIVE | The high ADX value value for ACO-X.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 60.16 | 57.74 | 2.42 (4.02%) | 24.86% |
| An entry @60.16. This is a Buy Stop order right above the resistance zone. | An exit @57.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.42 points, which is 4.02%. | When investing 24.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ACO-X (2/9/2026, 7:00:00 PM)
58.94
-0.98 (-1.64%)
ATCO LTD -CLASS I / ACO-X.CA FAQ
What is the ChartMill technical rating of ATCO LTD -CLASS I (ACO-X.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to ACO-X.CA.
What is the current trend direction of ATCO LTD -CLASS I (ACO-X.CA) stock?
The current trend direction for ATCO LTD -CLASS I (ACO-X.CA) is Bullish.
What is the RSI signal for ACO-X stock?
ATCO LTD -CLASS I (ACO-X.CA) has an RSI value of 56.345. This indicates that the stock is currently neutral.
What is the MACD signal for ACO-X stock?
The MACD indicator for ATCO LTD -CLASS I (ACO-X.CA) has a value of -0.0161783, indicating a bearish trend.
What is the short term momentum for ATCO LTD -CLASS I (ACO-X.CA) stock?
The short term momentum for ATCO LTD -CLASS I (ACO-X.CA) is positive.