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ALGONQUIN PWR & UTILITY - AQNCN 8.48669 07/01/2079 (AQNB) Stock Technical Analysis

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

25.25  +0.05 (+0.2%)

Technical Rating and Analysis

2

Overall AQNB gets a technical rating of 2 out of 10. AQNB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

62% of all other stocks performed better in the past year than AQNB.
AQNB is one of the lesser performing stocks in the Multi-Utilities industry. 66% of 25 stocks in the same industry do better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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 25.08 and 25.73.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ALGONQUIN PWR & UTILITY - AQNCN 8.48669 07/01/2079 / AQNB Weekly stock chart
ALGONQUIN PWR & UTILITY - AQNCN 8.48669 07/01/2079 / AQNB Daily stock chart
Setup Rating and Analysis

3

The technical rating of AQNB is bad and it also does not present a quality setup 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.

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 25.24. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 25.26 to 25.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 26.31 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 Strength38.57NEUTRALAQNB is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AQNB is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of AQNB is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of AQNB is below a declining SMA(200).
Relative Strength Index/RSI (14)42.08NEUTRALThe RSI value for AQNB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests AQNB has a negative trend.
Stochastics (14,3)39.87NEUTRALThe Stochastics value for AQNB is a neutral value.
Average True Range in percent/ATR (20)0.7LOW VOLATILITYThe low ATR as a percentage value for AQNB suggests low volalility.
Average Directional Index/ADX (14)29.29POSITIVEThe high ADX value value for AQNB suggests a strong 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 8.48669 07/01/2079 / AQNB Daily stock chart

25.25

+0.05 (+0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.2%
1 Week-1.02%
2 Weeks-1.06%
1 Month-0.9%
3 Month-2.07%
6 Month-0.81%
12 Month0.76%
2 Year5.78%
3 Year3.57%
5 Year-3.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.7%
ATR Inc141.12%
Range Today0.2
ADR(20)0.16
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.57
Mansfield-0.57
10 Day High25.73
10 Day Low25.08
20 Day High25.73
20 Day Low25.08
52 Week High26.5
52 Week Low24.59
CS1 End25.24
CR1 Start25.26
Volume & EV
DER(3)-2.5%
DER(5)1.13%
Volume23.70K
Volume Incr-22.18%
Vol(5)15.40K
Vol(50)39.38K