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ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 (AQNB) Stock Technical Analysis

NYSE:AQNB - New York Stock Exchange, Inc. - US0158578080 - Currency: USD

25.93  +0.29 (+1.13%)

Technical Rating and Analysis

5

Taking everything into account, AQNB scores 5 out of 10 in our technical rating. AQNB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, AQNB outperforms 46% of them, which is more or less in line with the market.
AQNB is an average performer in the Multi-Utilities industry, it outperforms 54% of 25 stocks in the same industry.
AQNB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AQNB is lagging the market.
In the last month AQNB has a been trading in a tight range between 25.36 and 26.22.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 / AQNB Weekly stock chart
ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 / AQNB Daily stock chart
Setup Rating and Analysis

7

AQNB has only a medium 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 25.76, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

24.55

26.73

When analyzing the support we notice one important area.

  • A support zone ranging from 24.80 to 25.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 26.47 to 26.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for AQNB is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for AQNB is neutral.
ChartMill Relative Strength46.48NEUTRALAQNB is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AQNB is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AQNB is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AQNB is above the rising SMA(200).
Relative Strength Index/RSI (14)57.49NEUTRALThe RSI value for AQNB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests AQNB has a positive trend.
Stochastics (14,3)45.95NEUTRALThe Stochastics value for AQNB is a neutral value.
Average True Range in percent/ATR (20)0.92LOW VOLATILITYThe low ATR as a percentage value for AQNB suggests low volalility.
Average Directional Index/ADX (14)20.52NEUTRALThe ADX value for AQNB suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 / AQNB Daily stock chart

25.93

+0.29 (+1.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg1.13%
1 Week0.41%
2 Weeks2.01%
1 Month0.75%
3 Month2.82%
6 Month1.81%
12 Month3.1%
2 Year6.93%
3 Year6.88%
5 Year-5.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%0.92%
ATR Inc-8.5%
Range Today0.3
ADR(20)0.23
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.48
Mansfield-0.69
10 Day High26.22
10 Day Low25.36
20 Day High26.22
20 Day Low25.36
52 Week High26.5
52 Week Low24.59
CS1 End25.76
CR1 Start26.47
Volume & EV
DER(3)-1.75%
DER(5)-1.39%
Volume3.40K
Volume Incr-44.37%
Vol(5)8.64K
Vol(50)31.17K