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CANADIAN UTILITIES LTD-A (CU.CA) Stock Technical Analysis

TSX:CU - Toronto Stock Exchange - CA1367178326 - Common Stock - Currency: CAD

33.88  -0.32 (-0.94%)

Technical Rating and Analysis

2

Overall CU gets a technical rating of 2 out of 10. CU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

CU is part of the Multi-Utilities industry. There are 22 other stocks in this industry, of which 90% are performing better than CU.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, CU outperforms 45% of them, which is more or less in line with the market.
CU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CU is lagging the market.
In the last month CU has a been trading in a tight range between 33.19 and 34.59.
Weekly and Daily overview Charts
CANADIAN UTILITIES LTD-A / CU Weekly stock chart
CANADIAN UTILITIES LTD-A / CU Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, CU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 33.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.64, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

28.34

37.35

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 33.49 to 33.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @32.35 from a horizontal line in the daily time frame.
  • Support @29.91 from a horizontal line in the weekly time frame.
  • A support zone ranging from 29.29 to 29.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @28.63 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 33.91 to 34.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 36.13 to 36.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.55
Mansfield-0.62
10 Day High34.4
10 Day Low33.21
20 Day High34.59
20 Day Low33.19
52 Week High37.1
52 Week Low29.15
Performance
1 Week0.47%
2 Weeks-0.21%
1 Month-1.54%
3 Month-3.14%
6 Month2.54%
12 Month12.26%
2 Year-5.34%
3 Year-4.02%
5 Year-14.7%
10 Year-18.46%
15 Year203.58%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)46.81
LBB33.42
UBB34.28
CANADIAN UTILITIES LTD-A / CU Daily stock chart

CANADIAN UTILITIES LTD-A

TSX:CU (2/14/2025, 7:00:00 PM)

33.88

-0.32 (-0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.94%
1 Week0.47%
2 Weeks-0.21%
1 Month-1.54%
3 Month-3.14%
6 Month2.54%
12 Month12.26%
2 Year-5.34%
3 Year-4.02%
5 Year-14.7%
10 Year-18.46%
15 Year203.58%
Volatility
ATR(14)0.51
ATR(20)%1.42%
ATR Inc-6.26%
Range Today0.52
ADR(20)0.46
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.55
Mansfield-0.62
10 Day High34.4
10 Day Low33.21
20 Day High34.59
20 Day Low33.19
52 Week High37.1
52 Week Low29.15
CS1 End33.64
CR1 Start33.91
Volume & EV
DER(3)1.46%
DER(5)1.13%
Volume346.91K
Volume Incr11.54%
Vol(5)579.28K
Vol(50)502.54K