AECON GROUP INC (ARE.CA) Stock Technical Analysis
TSX:ARE • CA00762V1094
We assign a technical rating of 10 out of 10 to ARE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ARE did better than 77% of all other stocks. On top of that, ARE also shows a nice and consistent pattern of rising prices.
- ARE is part of the Construction & Engineering industry. There are 9 other stocks in this industry. ARE outperforms 75% of them.
- 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 33.68 - 38.48 range, which is quite wide. It is currently trading near the high of this range.
ARE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.37, a Stop Loss order could be placed below this zone.
More info and screens
31.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.24 to 37.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.76 from a horizontal line in the daily time frame.
- Support @32.22 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @38.23 from a horizontal line in the daily 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 | 77.05 | POSITIVE | ARE.CA has a high relative strength, it outperformed 77.05% 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) | 59.35 | NEUTRAL | The RSI value for ARE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ARE.CA has a negative trend. |
| Stochastics (14,3) | 71.87 | NEUTRAL | The Stochastics value for ARE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for ARE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.4 | 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 |
|---|---|---|---|
| 38.24 | 36.23 | 2.01 (5.26%) | 19.02% |
| An entry @38.24. This is a Buy Stop order right above the resistance zone. | An exit @36.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.01 points, which is 5.26%. | When investing 19.02% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ARE. Please evaluate whether better entry and exit points can be found.
- 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 (2/25/2026, 7:00:00 PM)
37.94
+1.16 (+3.15%)
AECON GROUP INC / ARE.CA FAQ
What is the technical rating for ARE stock?
ChartMill assigns a technical rating of 10 / 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 59.3459. 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 37.37 and a resistance level at 37.72. Check the full technical report for our detailed analysis of ARE.CA support and resistance levels.