Canada - Toronto Stock Exchange - TSX:ARE - CA00762V1094 - Common Stock
Taking everything into account, ARE scores 8 out of 10 in our technical rating. Although ARE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although ARE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
16.29
When analyzing the support we can see 5 important areas.
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 | 72.34 | POSITIVE | ARE.CA has a high relative strength, it outperformed 72.34% 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) | 64.62 | NEUTRAL | The RSI value for ARE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests ARE.CA has a positive trend. |
| Stochastics (14,3) | 85.09 | OVERBOUGHT | The high Stochastics value suggests ARE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ARE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.92 | POSITIVE | The high ADX value value for ARE.CA suggests a strong trend. |
TSX:ARE (12/5/2025, 7:00:00 PM)
29.82
+1.4 (+4.93%)
ChartMill assigns a technical rating of 8 / 10 to ARE.CA.
The current trend direction for AECON GROUP INC (ARE.CA) is Bullish.
AECON GROUP INC (ARE.CA) has an RSI value of 64.6226. This indicates that the stock is currently neutral.
The short term momentum for AECON GROUP INC (ARE.CA) is positive.
AECON GROUP INC (ARE.CA) has a support level at 27.12. Check the full technical report for our detailed analysis of ARE.CA support and resistance levels.