ALGONQUIN POWER & UTILITIES (AQN.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:AQN • CA0158571053
We assign a technical rating of 8 out of 10 to AQN. Although AQN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- AQN is part of the Multi-Utilities industry. There are 19 other stocks in this industry. AQN outperforms 88% of them.
- AQN 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 AQN has a been trading in the 8.59 - 9.12 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.
- AQN has an average volume of 2582480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, AQN outperforms 65% of them, which is more or less in line with the market.
AQN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.89, a Stop Loss order could be placed below this zone.
More info and screens
7.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 8.80 to 8.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.35 to 8.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.99 to 8.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.79 from a horizontal line in the daily time frame.
- Support @7.36 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.01 to 9.07. 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 AQN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AQN.CA is up. |
| ChartMill Relative Strength | 65.16 | NEUTRAL | AQN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AQN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AQN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AQN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.66 | NEUTRAL | The RSI value for AQN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AQN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.5 | NEUTRAL | The Stochastics value for AQN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for AQN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.01 | POSITIVE | The high ADX value value for AQN.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.08 | 8.79 | 0.29 (3.19%) | 25.00% |
| An entry @9.08. This is a Buy Stop order right above the resistance zone. | An exit @8.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.29 points, which is 3.19%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:AQN (2/4/2026, 7:00:00 PM)
8.96
+0.02 (+0.22%)
ALGONQUIN POWER & UTILITIES / AQN.CA FAQ
What is the ChartMill technical rating of ALGONQUIN POWER & UTILITIES (AQN.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to AQN.CA.
What is the trend direction for AQN stock?
The current trend direction for ALGONQUIN POWER & UTILITIES (AQN.CA) is Bullish.
What is the RSI signal for ALGONQUIN POWER & UTILITIES (AQN.CA) stock?
ALGONQUIN POWER & UTILITIES (AQN.CA) has an RSI value of 56.6574. This indicates that the stock is currently neutral.
What is the short term momentum for ALGONQUIN POWER & UTILITIES (AQN.CA) stock?
The short term momentum for ALGONQUIN POWER & UTILITIES (AQN.CA) is positive.
Can you provide the buy/sell signal for ALGONQUIN POWER & UTILITIES?
The buy/sell signal for ALGONQUIN POWER & UTILITIES (AQN.CA) is buy as both the short term and long term trends are positive.