AECON GROUP INC (ARE.CA) Technical Analysis

TSX:ARE • CA00762V1094

Current stock price

46.47 CAD
+0.71 (+1.55%)
Last:

ARE.CA Technical Rating and Analysis

10

Overall ARE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ARE has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The long and short term trends are both positive. This is looking good!
  • Looking at the yearly performance, ARE did better than 93% of all other stocks. We also observe that the gains produced by ARE over the past year are nicely spread over this period.
  • ARE is one of the better performing stocks in the Construction & Engineering industry, it outperforms 100% of 7 stocks in the same industry.
  • ARE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • ARE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
  • Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.

ARE.CA Weekly and Daily overview Charts

AECON GROUP INC / ARE Weekly stock chart
AECON GROUP INC / ARE Daily stock chart

ARE.CA Setup Rating and Analysis

6

ARE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. 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.

ARE.CA Support and Resistance Analysis

40.75

47.21

2 important support areas can be observed.

  • Support @42.69 from a trend line in the daily time frame.
  • A support zone ranging from 41.16 to 41.42. 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 46.71 to 46.74. This zone is formed by a combination of multiple trend lines in multiple time frames.

ARE.CA 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 IndicatorUPPOSITIVEThe long term trend for ARE.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ARE.CA is up.
ChartMill Relative Strength93.85POSITIVEARE.CA has a high relative strength, it outperformed 93.85% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ARE.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ARE.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ARE.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)66.51NEUTRALThe RSI value for ARE.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests ARE.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)83.22OVERBOUGHTThe high Stochastics value suggests ARE.CA may be overbought.
Average True Range in percent/ATR (20)2.78MEDIUM VOLATILITYThe ATR as a percentage value for ARE.CA suggests some volalility.
Average Directional Index/ADX (14)33.38POSITIVEThe high ADX value value for ARE.CA suggests a strong trend.

ARE.CA 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)

ARE.CA Example Setup

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.

ENTRYEXITDISTANCECAPITAL
46.7543.772.98 (6.37%)15.69%
An entry @46.75. This is a Buy Stop order right above the resistance zone.An exit @43.77. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 2.98 points, which is 6.37%.When investing 15.69% 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.

ARE.CA Technicals: Chart, Performance Metrics, Trend & Indicators

AECON GROUP INC / ARE Daily stock chart

AECON GROUP INC

TSX:ARE (4/22/2026, 7:00:00 PM)

46.47

+0.71 (+1.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.55%
1 Week-0.56%
2 Weeks6.78%
1 Month9.44%
3 Month37.16%
6 Month63.11%
12 Month201.75%
2 Year174.81%
3 Year266.77%
5 Year149.04%
10 Year177.76%
15 Year396.47%
Volatility
ATR(14)1.16
ATR(20)%2.78%
ATR Inc-10.21%
Range Today1.04
ADR(20)1.23
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
3 months CRS92.91
6 months CRS90.62
Mansfield5.19
10 Day High47.12
10 Day Low43.78
20 Day High47.12
20 Day Low40.49
52 Week High47.12
52 Week Low15.35
CS1 End42.69
CR1 Start46.71
Volume & EV
DER(3)-2.07%
DER(5)-1.03%
Volume313.32K
Volume Incr-60.92%
Vol(5)254.61K
Vol(50)518.08K

AECON GROUP INC / ARE.CA TA FAQ

What is the technical rating for ARE stock?

ChartMill assigns a technical rating of 10 / 10 to ARE.CA.


What is the current trend direction of AECON GROUP INC (ARE.CA) stock?

The current trend direction for AECON GROUP INC (ARE.CA) is Bullish.


What is the RSI signal for AECON GROUP INC (ARE.CA) stock?

AECON GROUP INC (ARE.CA) has an RSI value of 66.5091. This indicates that the stock is currently neutral.


What is the MACD signal for ARE stock?

The MACD indicator for AECON GROUP INC (ARE.CA) has a value of 0.00190261, indicating a bearish trend.


Can you provide the support and resistance levels for AECON GROUP INC?

AECON GROUP INC (ARE.CA) has a support level at 42.69 and a resistance level at 46.71. Check the full technical report for our detailed analysis of ARE.CA support and resistance levels.