AECON GROUP INC (ARE.CA) Stock Technical Analysis
TSX:ARE - Toronto Stock Exchange - CA00762V1094 - Common Stock - Currency: CAD
Overall ARE gets a technical rating of 2 out of 10. Although ARE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ARE has a been trading in the 23.01 - 27.56 range, which is quite wide. It is currently trading near the lows of this range.
ARE is part of the Construction & Engineering industry. There are 8 other stocks in this industry. ARE outperforms 85% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that ARE is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ARE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARE is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ARE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.96, a Stop Loss order could be placed below this zone.
More info and screens
17.90
27.67
2 important support areas can be observed.
- A support zone ranging from 23.63 to 23.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.08 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 24.84 to 25.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.35 to 26.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 27.04 to 27.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.63
Mansfield1.18
10 Day High27.56
10 Day Low23.01
20 Day High27.56
20 Day Low23.01
52 Week High29.7
52 Week Low13.03
Performance
1 Week-3.56%
2 Weeks-3.68%
1 Month-3.56%
3 Month-13.59%
6 Month38.83%
12 Month67.01%
2 Year140.14%
3 Year38.27%
5 Year55%
10 Year107.23%
15 Year75.56%
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)42.49
LBB22.84
UBB27.03
AECON GROUP INC
TSX:ARE (2/5/2025, 7:00:00 PM)
24.35
+0.62 (+2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg2.61%
1 Week-3.56%
2 Weeks-3.68%
1 Month-3.56%
3 Month-13.59%
6 Month38.83%
12 Month67.01%
2 Year140.14%
3 Year38.27%
5 Year55%
10 Year107.23%
15 Year75.56%
Volatility
ATR(14)1.02
ATR(20)%3.7%
ATR Inc-22.98%
Range Today0.89
ADR(20)0.9
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.63
Mansfield1.18
10 Day High27.56
10 Day Low23.01
20 Day High27.56
20 Day Low23.01
52 Week High29.7
52 Week Low13.03
CS1 End23.96
CR1 Start24.84
Volume & EV
DER(3)-6.06%
DER(5)-5.65%
Volume259.48K
Volume Incr118.34%
Vol(5)727.02K
Vol(50)392.28K