AECON GROUP INC (ARE.CA) Stock Technical Analysis
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.
More info and screens
16.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 26.20 to 27.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.42 to 25.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.61 from a trend line in the weekly time frame.
- Support @23.15 from a trend line in the daily time frame.
- Support @16.45 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 | 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%)
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 64.6226. 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 27.12. Check the full technical report for our detailed analysis of ARE.CA support and resistance levels.