HYDRO ONE LTD (H.CA) Technical Analysis
TSX:H • CA4488112083
Taking everything into account, H scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, H is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- H is part of the Electric Utilities industry. There are 18 other stocks in this industry. H outperforms 94% of them.
- H 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 H has a been trading in the 54.36 - 59.80 range, which is quite wide. It is currently trading near the high of this range.
- H has an average volume of 1132800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, H outperforms 61% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
Although H 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.
More info and screens
48.06
5 important support areas can be observed.
- A support zone ranging from 57.70 to 58.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.42 to 55.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.44 to 52.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.26 from a horizontal line in the daily time frame.
- Support @48.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.09 to 59.56. 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 H.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for H.CA is up. |
| ChartMill Relative Strength | 61.04 | NEUTRAL | H.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of H.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of H.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of H.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.54 | NEUTRAL | The RSI value for H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests H.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.62 | NEUTRAL | The Stochastics value for H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 36.75 | POSITIVE | The high ADX value value for H.CA suggests a strong trend. |
H.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:H (3/11/2026, 7:00:00 PM)
58.67
-0.48 (-0.81%)
HYDRO ONE LTD / H.CA FAQ
What is the ChartMill technical rating of HYDRO ONE LTD (H.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to H.CA.
Can you provide the trend direction for HYDRO ONE LTD?
The current trend direction for HYDRO ONE LTD (H.CA) is Bullish.
What is the RSI signal for HYDRO ONE LTD (H.CA) stock?
HYDRO ONE LTD (H.CA) has an RSI value of 63.5393. This indicates that the stock is currently neutral.
What is the MACD signal for HYDRO ONE LTD (H.CA) stock?
The MACD indicator for HYDRO ONE LTD (H.CA) has a value of 0.0135258, indicating a bearish trend.
Can you provide the short term momentum for HYDRO ONE LTD?
The short term momentum for HYDRO ONE LTD (H.CA) is positive.