ALGONQUIN POWER & UTILITIES (AQN) Stock Technical Analysis
USA - NYSE:AQN - CA0158571053 - Common Stock
5.48 USD
0 (0%)
5.48 USD
0 (0%)
Taking everything into account, AQN scores 0 out of 10 in our technical rating. AQN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
76% of all other stocks performed better in the past year than AQN.
AQN is part of the Multi-Utilities industry. There are 25 other stocks in this industry, of which 79% are performing better than AQN.
In the last month AQN has a been trading in the 5.44 - 5.87 range, which is quite wide. It is currently trading near the lows of this range.
AQN has an average volume of 5134620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
AQN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AQN is lagging the market.
AQN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.42
6.29
We found 1 important support area.
- A support zone ranging from 5.47 to 5.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.92 to 6.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 6.22 to 6.23. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for AQN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AQN is down. |
| ChartMill Relative Strength | 24.99 | NEGATIVE | AQN has a low relative strength, it was outperformed by 75.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AQN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AQN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AQN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.88 | OVERSOLD | The low RSI value suggests AQN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AQN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.24 | OVERSOLD | The low Stochastics value suggests AQN may be oversold. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for AQN suggests low volalility. |
| Average Directional Index/ADX (14) | 23.32 | NEUTRAL | The ADX value for AQN suggests a possible start of a new 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)
5.48
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0%
1 Week-2.14%
2 Weeks-3.35%
1 Month-5.52%
3 Month-4.2%
6 Month7.24%
12 Month-0.72%
2 Year-7.43%
3 Year-49.77%
5 Year-62.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.43%
ATR Inc22.22%
Range Today0.1
ADR(20)0.08
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.99
Mansfield-0.55
10 Day High5.68
10 Day Low5.44
20 Day High5.87
20 Day Low5.44
52 Week High6.24
52 Week Low4.19
CS1 End5.47
CR1 Start5.92
Volume & EV
DER(3)4%
DER(5)3.2%
Volume7.22M
Volume Incr21.46%
Vol(5)4.43M
Vol(50)5.13M