ATCO LTD -CLASS I (ACO-X.CA) Stock Technical Analysis
TSX:ACO-X - Toronto Stock Exchange - CA0467894006 - Common Stock - Currency: CAD
Overall ACO-X gets a technical rating of 4 out of 10. ACO-X has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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 compared to the yearly performance of all other stocks, ACO-X outperforms 60% of them, which is more or less in line with the market.
ACO-X is part of the Multi-Utilities industry. There are 21 other stocks in this industry, ACO-X did better than 70% of them.
In the last month ACO-X has a been trading in a tight range between 49.50 and 52.22.
Although the technical rating is only medium, ACO-X does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 50.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.44, a Stop Loss order could be placed below this zone.
More info and screens
45.28
52.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.61 to 50.44. 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.
We found 1 important resistance area.
- A resistance zone ranging from 50.77 to 52.35. 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 | NEUTRAL | NEUTRAL | The short term trend for ACO-X.CA is neutral. |
| ChartMill Relative Strength | 60.34 | NEUTRAL | ACO-X.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACO-X.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACO-X.CA is below 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) | 47.05 | NEUTRAL | The RSI value for ACO-X.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ACO-X.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.82 | NEUTRAL | The Stochastics value for ACO-X.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for ACO-X.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.63 | 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 (7/14/2025, 7:00:00 PM)
50.47
+0.6 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg1.2%
1 Week0.4%
2 Weeks0.18%
1 Month-2.92%
3 Month0.48%
6 Month6.66%
12 Month26.4%
2 Year34.09%
3 Year6.63%
5 Year21.09%
10 Year28.59%
15 Year299.29%
Volatility
ATR(14)0.63
ATR(20)%1.28%
ATR Inc31.94%
Range Today0.97
ADR(20)0.64
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.34
Mansfield-0.3
10 Day High51.13
10 Day Low49.5
20 Day High52.22
20 Day Low49.5
52 Week High52.48
52 Week Low40
CS1 End50.44
CR1 Start50.77
Volume & EV
DER(3)-3.27%
DER(5)-5.09%
Volume317.36K
Volume Incr25.69%
Vol(5)255.85K
Vol(50)196.98K