AECON GROUP INC (ARE.CA) Stock Technical Analysis
TSX:ARE - Toronto Stock Exchange - CA00762V1094 - Common Stock - Currency: CAD
Taking everything into account, ARE scores 4 out of 10 in our technical rating. ARE has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ARE is part of the Construction & Engineering industry. There are 7 other stocks in this industry, of which 100% are performing better than ARE.
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, ARE outperforms 59% of them, which is more or less in line with the market.
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.
In the last month ARE has a been trading in the 17.06 - 21.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ARE has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
15.73
21.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.65 to 19.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.75 to 19.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.57 from a trend line in the weekly time frame.
- Support @15.89 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.76 to 21.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ARE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARE.CA is neutral. |
| ChartMill Relative Strength | 59.15 | 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) | DOWN | NEGATIVE | The current price of ARE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.13 | NEUTRAL | The RSI value for ARE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ARE.CA has a positive trend. |
| Stochastics (14,3) | 76.94 | NEUTRAL | The Stochastics value for ARE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for ARE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.55 | POSITIVE | The high ADX value value for ARE.CA suggests a strong trend. |
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)
TSX:ARE (8/7/2025, 7:00:00 PM)
20.1
+0.26 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.31%
1 Week5.79%
2 Weeks3.13%
1 Month-4.47%
3 Month10.99%
6 Month-16.04%
12 Month14.6%
2 Year75.7%
3 Year84.74%
5 Year38.24%
10 Year57.52%
15 Year72.24%
Volatility
ATR(14)0.68
ATR(20)%3.09%
ATR Inc4.69%
Range Today0.58
ADR(20)0.62
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.15
Mansfield-1.38
10 Day High20.19
10 Day Low17.06
20 Day High21.19
20 Day Low17.06
52 Week High29.7
52 Week Low15.21
CS1 End19.94
CR1 Start20.76
Volume & EV
DER(3)-0.7%
DER(5)-0.81%
Volume373.03K
Volume Incr82.75%
Vol(5)507.04K
Vol(50)323.19K