ALGONQUIN POWER & UTILITIES (AQN.CA) Stock Technical Analysis
TSX:AQN - Toronto Stock Exchange - CA0158571053 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to AQN. Although AQN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, AQN is a bad performer in the overall market: 66% of all stocks are doing better.
AQN is one of the lesser performing stocks in the Multi-Utilities industry. 90% of 22 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
AQN 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 AQN is lagging the market slightly.
AQN has an average volume of 1972370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AQN has a been trading in a tight range between 7.70 and 8.04.
Although the technical rating is only medium, AQN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 7.88, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.30
8.67
3 important support areas can be observed.
- A support zone ranging from 7.72 to 7.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.99 from a trend line in the daily time frame.
- Support @6.36 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.22 to 8.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.55 to 8.58. 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 | 34.71 | NEUTRAL | AQN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AQN.CA is above a declining 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) | 56.12 | NEUTRAL | The RSI value for AQN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AQN.CA has a positive trend. |
| Stochastics (14,3) | 84.25 | OVERBOUGHT | The high Stochastics value suggests AQN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for AQN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 8.57 | NEGATIVE | The low ADX value for AQN.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:AQN (7/11/2025, 7:00:00 PM)
7.97
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0%
1 Week0.76%
2 Weeks2.31%
1 Month-0.75%
3 Month13.69%
6 Month28.96%
12 Month-7.11%
2 Year-26.75%
3 Year-55.5%
5 Year-56.87%
10 Year-16.81%
15 Year86.65%
Volatility
ATR(14)0.12
ATR(20)%1.55%
ATR Inc8.31%
Range Today0.11
ADR(20)0.12
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.71
Mansfield0.23
10 Day High8.02
10 Day Low7.7
20 Day High8.04
20 Day Low7.7
52 Week High8.76
52 Week Low6.03
CS1 End7.88
CR1 Start8.22
Volume & EV
DER(3)-0.71%
DER(5)0.27%
Volume813.16K
Volume Incr-4.29%
Vol(5)1.61M
Vol(50)1.97M