AECON GROUP INC (ARE.CA) Stock Technical Analysis
Canada - TSX:ARE - CA00762V1094 - Common Stock
Taking everything into account, ARE scores 8 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.
Although ARE has an excellent technical rating, it does not present a decent entry opportunity 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
16.16
When analyzing the support we can see 6 important areas.
- A support zone ranging from 29.00 to 29.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.31 to 27.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @23.46 from a trend line in the weekly time frame.
- Support @22.15 from a trend line in the daily time frame.
- Support @18.84 from a horizontal line in the daily time frame.
- Support @16.32 from a trend line in the weekly 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 | 73.59 | POSITIVE | ARE.CA has a high relative strength, it outperformed 73.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARE.CA is above the rising 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) | 58.93 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 49.92 | NEUTRAL | The Stochastics value for ARE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for ARE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 51.87 | POSITIVE | The high ADX value value for ARE.CA suggests a strong trend. |
TSX:ARE (11/7/2025, 7:00:00 PM)
29.12
-0.38 (-1.29%)
AECON GROUP INC / ARE.CA FAQ
What is the technical rating for ARE stock?
ChartMill assigns a technical rating of 8 / 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 58.9264. 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 29.11. Check the full technical report for our detailed analysis of ARE.CA support and resistance levels.