HYDRO ONE LTD (H.CA) Stock Technical Analysis
TSX:H - Toronto Stock Exchange - CA4488112083 - Common Stock - Currency: CAD
Taking everything into account, H scores 2 out of 10 in our technical rating. H has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month H has a been trading in the 48.25 - 51.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
H is part of the Electric Utilities industry. There are 19 other stocks in this industry. H outperforms 77% of them.
H has an average volume of 1137470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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 66% of all stocks.
H is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so H is lagging the market.
Considerably lower volume is observed in the last couple of days.
H has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 48.03, a Stop Loss order could be placed below this zone.
More info and screens
43.13
54.02
When analyzing the support we can see 3 important areas.
- A support zone ranging from 47.71 to 48.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.03 from a trend line in the weekly time frame.
- A support zone ranging from 43.57 to 43.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 48.93 to 49.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.49 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for H.CA is down. |
| ChartMill Relative Strength | 66.02 | NEUTRAL | H.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of H.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of H.CA is below a declining 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) | 39.83 | NEUTRAL | The RSI value for H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests H.CA has a negative trend. |
| Stochastics (14,3) | 20.32 | NEUTRAL | The Stochastics value for H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 7.78 | NEGATIVE | The low ADX value for H.CA suggests a weak or negative 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)
TSX:H (6/25/2025, 7:00:00 PM)
48.61
-0.36 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.74%
1 Week-0.74%
2 Weeks0.12%
1 Month-3.74%
3 Month1.21%
6 Month9.41%
12 Month21.98%
2 Year28.43%
3 Year40.45%
5 Year90.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%1.55%
ATR Inc-1.01%
Range Today0.88
ADR(20)0.75
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.02
Mansfield-0.06
10 Day High49.55
10 Day Low48.25
20 Day High51.25
20 Day Low48.25
52 Week High53.98
52 Week Low39.4
CS1 End48.03
CR1 Start48.93
Volume & EV
DER(3)-1.18%
DER(5)-1.34%
Volume671.40K
Volume Incr-57.64%
Vol(5)657.02K
Vol(50)1.14M