AECON GROUP INC (ARE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ARE - CA00762V1094 - Common Stock
Overall ARE gets a technical rating of 8 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- 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.
- In the last month ARE has a been trading in the 30.51 - 34.85 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, ARE outperforms 69% of them, which is more or less in line with the market.
- ARE is part of the Construction & Engineering industry. There are 8 other stocks in this industry, ARE did better than 57% of them.
ARE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ARE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
29.99
2 important support areas can be observed.
- A support zone ranging from 32.81 to 33.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.29 to 31.51. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 69.87 | NEUTRAL | ARE.CA is not amongst the best or worst performers 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) | 66.68 | NEUTRAL | The RSI value for ARE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ARE.CA has a positive trend. |
| Stochastics (14,3) | 84.66 | OVERBOUGHT | The high Stochastics value suggests ARE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ARE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.55 | POSITIVE | The high ADX value value for ARE.CA suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.86 | 32.80 | 2.06 (5.91%) | 16.92% |
| An entry @34.86. This is a Buy Stop order right above the 10 day high. | An exit @32.80. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.06 points, which is 5.91%. | When investing 16.92% 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.
TSX:ARE (1/27/2026, 7:00:00 PM)
34.8
+1.06 (+3.14%)
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.
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.
Can you provide the RSI signal for AECON GROUP INC?
AECON GROUP INC (ARE.CA) has an RSI value of 66.6808. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AECON GROUP INC?
The short term momentum for AECON GROUP INC (ARE.CA) is positive.
What are the support and resistance levels for AECON GROUP INC (ARE.CA) stock?
AECON GROUP INC (ARE.CA) has a support level at 33.17. Check the full technical report for our detailed analysis of ARE.CA support and resistance levels.