ATCO LTD -CL 'II' (ACO-Y.CA) Stock Technical Analysis
TSX:ACO-Y - CA0467895094 - Common Stock
52.75 CAD
+1.58 (+3.09%)
We assign a technical rating of 6 out of 10 to ACO-Y. Although ACO-Y is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ACO-Y has an average volume of 595 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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-Y is part of the Multi-Utilities industry. There are 21 other stocks in this industry. ACO-Y outperforms 90% of them.
ACO-Y 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.
In the last month ACO-Y has a been trading in the 51.02 - 54.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that ACO-Y is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ACO-Y does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 52.21, a Stop Loss order could be placed below this zone.
More info and screens
47.17
54.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 51.01 to 52.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.65 to 48.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.00 to 54.01. 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-Y.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACO-Y.CA is neutral. |
| ChartMill Relative Strength | 72.26 | POSITIVE | ACO-Y.CA has a high relative strength, it outperformed 72.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACO-Y.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACO-Y.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACO-Y.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.85 | NEUTRAL | The RSI value for ACO-Y.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ACO-Y.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.79 | NEUTRAL | The Stochastics value for ACO-Y.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for ACO-Y.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for ACO-Y.CA suggests a strong 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-Y (8/22/2025, 7:00:00 PM)
52.75
+1.58 (+3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg3.09%
1 Week1.91%
2 Weeks-0.94%
1 Month1.79%
3 Month3.51%
6 Month3.43%
12 Month37.01%
2 Year39.33%
3 Year11.4%
5 Year31.88%
10 Year33.71%
15 Year316.83%
Volatility
ATR(14)0.97
ATR(20)%1.69%
ATR Inc104.14%
Range Today0.01
ADR(20)0.34
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.26
Mansfield-0.2
10 Day High52.89
10 Day Low51.17
20 Day High54.9
20 Day Low51.02
52 Week High57
52 Week Low0
CS1 End52.21
CR1 Start54
Volume & EV
DER(3)0%
DER(5)0%
Volume300
Volume Incr-19.49%
Vol(5)271.4
Vol(50)595.96