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CAPITAL POWER CORP (CPX.CA) Stock Technical Analysis

TSX:CPX - Toronto Stock Exchange - CA14042M1023 - Common Stock - Currency: CAD

59.47  +2.34 (+4.1%)

Technical Rating and Analysis

8

Taking everything into account, CPX scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, CPX has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CPX is one of the better performing stocks in the market, outperforming 76% of all stocks.
CPX is part of the Independent Power and Renewable Electricity Producers industry. There are 33 other stocks in this industry. CPX outperforms 84% of them.
CPX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CPX is lagging the market.
In the last month CPX has a been trading in the 54.59 - 65.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CAPITAL POWER CORP / CPX Weekly stock chart
CAPITAL POWER CORP / CPX Daily stock chart
Setup Rating and Analysis

5

Although CPX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

47.12

64.94

When analyzing the support we can see 3 important areas.

  • Support @55.90 from a trend line in the daily time frame.
  • A support zone ranging from 54.44 to 54.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @47.60 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 62.15 to 62.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @64.30 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CPX.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CPX.CA is neutral.
ChartMill Relative Strength76.82POSITIVECPX.CA has a high relative strength, it outperformed 76.82% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CPX.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CPX.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CPX.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)53.81NEUTRALThe RSI value for CPX.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.45NEGATIVEThe MACD value suggests CPX.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)17.94OVERSOLDThe low Stochastics value suggests CPX.CA may be oversold.
Average True Range in percent/ATR (20)3.11MEDIUM VOLATILITYThe ATR as a percentage value for CPX.CA suggests some volalility.
Average Directional Index/ADX (14)34.11POSITIVEThe high ADX value value for CPX.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
CAPITAL POWER CORP / CPX Daily stock chart

CAPITAL POWER CORP

TSX:CPX (8/6/2025, 7:00:00 PM)

59.47

+2.34 (+4.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg4.1%
1 Week-4.51%
2 Weeks-1.02%
1 Month8.98%
3 Month14.04%
6 Month10.07%
12 Month37.12%
2 Year46.23%
3 Year16.72%
5 Year107.79%
10 Year190.67%
15 Year164.31%
Volatility
ATR(14)2.02
ATR(20)%3.11%
ATR Inc-2.34%
Range Today2.39
ADR(20)1.74
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.82
Mansfield0.17
10 Day High65.13
10 Day Low56.08
20 Day High65.13
20 Day Low54.59
52 Week High68.73
52 Week Low41.87
CS1 End55.9
CR1 Start62.15
Volume & EV
DER(3)3.55%
DER(5)-2.61%
Volume1.03M
Volume Incr77.78%
Vol(5)1.30M
Vol(50)745.85K