ACT ENERGY TECHNOLOGIES LTD (ACX.CA) Stock Technical Analysis
TSX:ACX - Toronto Stock Exchange - CA0049591021 - Common Stock - Currency: CAD
Overall ACX gets a technical rating of 0 out of 10. ACX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ACX is a bad performer in the overall market: 91% of all stocks are doing better.
ACX is one of the lesser performing stocks in the Energy Equipment & Services industry. 92% of 26 stocks in the same industry do better.
ACX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ACX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: ACX has an average volume of 22665 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
ACX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.52, a Stop Loss order could be placed below this zone.
More info and screens
4.46
5.20
We found 1 important support area.
- A support zone ranging from 4.51 to 4.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.59 to 4.68. 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 4.82 to 4.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.05 from a horizontal line in the daily time frame.
- Resistance @5.15 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for ACX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACX.CA is down. |
| ChartMill Relative Strength | 9.11 | NEGATIVE | ACX.CA has a low relative strength, it was outperformed by 90.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.82 | NEUTRAL | The RSI value for ACX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ACX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.58 | OVERSOLD | The low Stochastics value suggests ACX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for ACX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.26 | NEGATIVE | The low ADX value for ACX.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:ACX (7/18/2025, 7:00:00 PM)
4.53
-0.01 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.22%
1 Week-3%
2 Weeks-1.74%
1 Month-12.04%
3 Month-9.76%
6 Month-34.35%
12 Month-33.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%3.09%
ATR Inc-74.14%
Range Today0.04
ADR(20)0.14
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.11
Mansfield-2.71
10 Day High4.74
10 Day Low4.49
20 Day High5.17
20 Day Low4.49
52 Week High6.98
52 Week Low4.23
CS1 End4.52
CR1 Start4.59
Volume & EV
DER(3)0%
DER(5)0%
Volume21.71K
Volume Incr-46.35%
Vol(5)14.47K
Vol(50)22.67K