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ATCO LTD -CLASS I (ACO-X.CA) Stock Technical Analysis

TSX:ACO-X - Toronto Stock Exchange - CA0467894006 - Common Stock - Currency: CAD

50.4  -0.49 (-0.96%)

Technical Rating and Analysis

4

Taking everything into account, ACO-X scores 4 out of 10 in our technical rating. In the last year, ACO-X was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

ACO-X is one of the lesser performing stocks in the Multi-Utilities industry. 65% of 21 stocks in the same industry do better.
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!
ACO-X is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACO-X is lagging the market slightly.
When comparing the performance of all stocks over the past year, ACO-X turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
In the last month ACO-X has a been trading in a tight range between 49.50 and 52.27.
Weekly and Daily overview Charts
ATCO LTD -CLASS I / ACO-X Weekly stock chart
ATCO LTD -CLASS I / ACO-X Daily stock chart
Setup Rating and Analysis

5

ACO-X has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 50.15, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

45.28

52.87

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 49.61 to 50.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 47.07 to 47.07. 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 50.55 to 52.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ACO-X.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ACO-X.CA is neutral.
ChartMill Relative Strength47.14NEUTRALACO-X.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of ACO-X.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ACO-X.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ACO-X.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)46.08NEUTRALThe RSI value for ACO-X.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests ACO-X.CA has a negative trend.
Stochastics (14,3)30.74NEUTRALThe Stochastics value for ACO-X.CA is a neutral value.
Average True Range in percent/ATR (20)1.54LOW VOLATILITYThe low ATR as a percentage value for ACO-X.CA suggests low volalility.
Average Directional Index/ADX (14)19.2NEGATIVEThe low ADX value for ACO-X.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ATCO LTD -CLASS I / ACO-X Daily stock chart

ATCO LTD -CLASS I

TSX:ACO-X (8/5/2025, 7:00:00 PM)

50.4

-0.49 (-0.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.96%
1 Week-1.47%
2 Weeks-1%
1 Month0.26%
3 Month-0.57%
6 Month6.71%
12 Month15.73%
2 Year35.12%
3 Year8.39%
5 Year26.82%
10 Year26.95%
15 Year293.37%
Volatility
ATR(14)0.84
ATR(20)%1.54%
ATR Inc38.8%
Range Today1.27
ADR(20)0.74
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.14
Mansfield-0.36
10 Day High52.27
10 Day Low49.7
20 Day High52.27
20 Day Low49.5
52 Week High52.48
52 Week Low43.38
CS1 End50.15
CR1 Start50.55
Volume & EV
DER(3)-2.26%
DER(5)2.46%
Volume238.10K
Volume Incr32.5%
Vol(5)278.59K
Vol(50)208.30K