CAPITAL POWER CORP (CPX.CA) Stock Technical Analysis
TSX:CPX - Toronto Stock Exchange - CA14042M1023 - Common Stock - Currency: CAD
Taking everything into account, CPX scores 9 out of 10 in our technical rating. In the last year, CPX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CPX is one of the better performing stocks in the market, outperforming 82% of all stocks.
CPX is part of the Independent Power and Renewable Electricity Producers industry. There are 37 other stocks in this industry. CPX outperforms 91% of them.
In the last month CPX has a been trading in the 53.18 - 57.63 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CPX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CPX is lagging the market slightly.
CPX 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 a support zone below the current price at 55.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
45.67
57.70
We found 2 important support areas.
- A support zone ranging from 54.97 to 55.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @46.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.10 to 57.13. This zone is formed by a combination of multiple trend lines 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 CPX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPX.CA is up. |
| ChartMill Relative Strength | 82.27 | POSITIVE | CPX.CA has a high relative strength, it outperformed 82.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.81 | NEUTRAL | The RSI value for CPX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests CPX.CA has a negative trend. |
| Stochastics (14,3) | 53.11 | NEUTRAL | The Stochastics value for CPX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for CPX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.2 | POSITIVE | The high ADX value value for CPX.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 57.14 | 54.96 | 2.18 (3.82%) | 25.00% |
| An entry @57.14. This is a Buy Stop order right above the resistance zone. | An exit @54.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.18 points, which is 3.82%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:CPX (6/13/2025, 7:00:00 PM)
56.09
-0.08 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.14%
1 Week0.14%
2 Weeks1.93%
1 Month4.3%
3 Month19.26%
6 Month-10.38%
12 Month34.03%
2 Year33.23%
3 Year24.62%
5 Year100.47%
10 Year160.4%
15 Year153.34%
Volatility
ATR(14)1.24
ATR(20)%2.1%
ATR Inc-27.03%
Range Today0.94
ADR(20)1.14
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.27
Mansfield0.48
10 Day High57.63
10 Day Low54.51
20 Day High57.63
20 Day Low53.18
52 Week High68.73
52 Week Low38.33
CS1 End55.98
CR1 Start56.1
Volume & EV
DER(3)-1.13%
DER(5)0.19%
Volume452.14K
Volume Incr16.51%
Vol(5)671.37K
Vol(50)802.02K