HYDRO ONE LTD (H.CA) Stock Technical Analysis
TSX:H • CA4488112083
We assign a technical rating of 7 out of 10 to H. Although H is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 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 100% 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 52.29 - 55.71 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, H turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
H 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 resistance zone just above the current price starting at 54.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 54.48, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
47.40
5 important support areas can be observed.
- A support zone ranging from 53.43 to 54.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.20 from a trend line in the weekly time frame.
- Support @51.26 from a horizontal line in the daily time frame.
- Support @48.78 from a horizontal line in the daily time frame.
- A support zone ranging from 47.88 to 47.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 54.91 to 55.50. 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 | 53.37 | 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) | 59.95 | NEUTRAL | The RSI value for H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests H.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.65 | NEUTRAL | The Stochastics value for H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.52 | NEGATIVE | The low ADX value for H.CA suggests a weak or negative 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 |
|---|---|---|---|
| 55.51 | 53.42 | 2.09 (3.77%) | 25.00% |
| An entry @55.51. This is a Buy Stop order right above the resistance zone. | An exit @53.42. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.09 points, which is 3.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
- 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:H (2/11/2026, 7:00:00 PM)
54.9
+0.11 (+0.2%)
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 7 / 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 59.9487. 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 0.122302, 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.