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 5 out of 10 to ACO-X. Although ACO-X is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, ACO-X did better than 72% of all other 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 21 stocks in the same industry.
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.
In the last month ACO-X has a been trading in the 44.42 - 47.50 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ACO-X does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 47.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ACO-X in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
40.03
50.99
We found 3 important support areas.
- A support zone ranging from 45.74 to 47.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.88 from a horizontal line in the daily time frame.
- Support @40.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 47.45 to 47.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 49.13 to 49.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @50.49 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.23
Mansfield0.11
10 Day High47.27
10 Day Low44.42
20 Day High47.5
20 Day Low44.42
52 Week High50.67
52 Week Low35.56
Performance
1 Week2.16%
2 Weeks1.24%
1 Month0.45%
3 Month-0.99%
6 Month8.45%
12 Month29.65%
2 Year11.63%
3 Year13.45%
5 Year-5.69%
10 Year-2.07%
15 Year292.77%
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)54.21
LBB45.62
UBB47.58
ATCO LTD -CLASS I
TSX:ACO-X (2/7/2025, 7:00:00 PM)
47.23
+0.42 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.9%
1 Week2.16%
2 Weeks1.24%
1 Month0.45%
3 Month-0.99%
6 Month8.45%
12 Month29.65%
2 Year11.63%
3 Year13.45%
5 Year-5.69%
10 Year-2.07%
15 Year292.77%
Volatility
ATR(14)0.85
ATR(20)%1.86%
ATR Inc-18.88%
Range Today0.65
ADR(20)0.85
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.23
Mansfield0.11
10 Day High47.27
10 Day Low44.42
20 Day High47.5
20 Day Low44.42
52 Week High50.67
52 Week Low35.56
CS1 End47.21
CR1 Start47.45
Volume & EV
DER(3)2.36%
DER(5)3.45%
Volume175.56K
Volume Incr55.56%
Vol(5)296.23K
Vol(50)207.04K