AECON GROUP INC (ARE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ARE - CA00762V1094 - Common Stock
Taking everything into account, ARE scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ARE is only an average performer.
ARE 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 very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
16.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 26.39 to 26.45. 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 25.42 to 25.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.61 from a trend line in the weekly time frame.
- Support @23.05 from a trend line in the daily time frame.
- Support @16.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @28.24 from a horizontal line 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 | UP | POSITIVE | The long term trend for ARE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARE.CA is up. |
| ChartMill Relative Strength | 65.82 | NEUTRAL | ARE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARE.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.86 | NEUTRAL | The RSI value for ARE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ARE.CA has a positive trend. |
| Stochastics (14,3) | 75.16 | NEUTRAL | The Stochastics value for ARE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for ARE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.64 | POSITIVE | The high ADX value value for ARE.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 |
|---|---|---|---|
| 28.25 | 26.38 | 1.87 (6.62%) | 15.11% |
| An entry @28.25. This is a Buy Stop order right above the resistance zone. | An exit @26.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.87 points, which is 6.62%. | When investing 15.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:ARE (12/3/2025, 7:00:00 PM)
27.8
-0.07 (-0.25%)
AECON GROUP INC / ARE.CA FAQ
What is the technical rating for ARE stock?
ChartMill assigns a technical rating of 7 / 10 to ARE.CA.
Can you provide the trend direction for AECON GROUP INC?
The current trend direction for AECON GROUP INC (ARE.CA) is Bullish.
What is the RSI signal for ARE stock?
AECON GROUP INC (ARE.CA) has an RSI value of 54.8643. This indicates that the stock is currently neutral.
What is the short term momentum for ARE stock?
The short term momentum for AECON GROUP INC (ARE.CA) is positive.
What is the support and resistance level for ARE stock?
AECON GROUP INC (ARE.CA) has a support level at 26.45 and a resistance level at 28.24. Check the full technical report for our detailed analysis of ARE.CA support and resistance levels.