HYDRO ONE LTD (H.CA) Technical Analysis

TSX:HCA4488112083

Current stock price

58.25 CAD
+0.34 (+0.59%)
Last:

H.CA Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to H. 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.

  • The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
  • H is one of the better performing stocks in the Electric Utilities industry, it outperforms 70% of 18 stocks in the same industry.
  • H is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so H is performing more or less in line with the market.
  • H has an average volume of 1416460 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 54% of them, which is more or less in line with the market.
  • In the last month H has a been trading in the 56.22 - 60.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

H.CA Weekly and Daily overview Charts

HYDRO ONE LTD / H Weekly stock chart
HYDRO ONE LTD / H Daily stock chart

H.CA Setup Rating and Analysis

6

H has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 57.30, a Stop Loss order could be placed below this zone.

H.CA Support and Resistance Analysis

50.75

60.78

We found 4 important support areas.

  • A support zone ranging from 56.53 to 57.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 55.22 to 55.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 52.72 to 53.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @51.26 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 60.10 to 60.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

H.CA 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 H.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for H.CA is neutral.
ChartMill Relative Strength54.56NEUTRALH.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of H.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of H.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of H.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)54.39NEUTRALThe RSI value for H.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.16NEGATIVEThe MACD value suggests H.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)38.92NEUTRALThe Stochastics value for H.CA is a neutral value.
Average True Range in percent/ATR (20)1.78LOW VOLATILITYThe low ATR as a percentage value for H.CA suggests low volalility.
Average Directional Index/ADX (14)22.34NEUTRALThe ADX value for H.CA suggests a possible start of a new trend.

H.CA 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)

H.CA Example Setup

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.

ENTRYEXITDISTANCECAPITAL
60.1956.523.67 (6.10%)16.40%
An entry @60.19. This is a Buy Stop order right above the resistance zone.An exit @56.52. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.67 points, which is 6.10%.For a 1.00% total portfolio risk, you can invest 16.40% of your capital in this trade.

  • 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.

H.CA Technicals: Chart, Performance Metrics, Trend & Indicators

HYDRO ONE LTD / H Daily stock chart

HYDRO ONE LTD

TSX:H (4/2/2026, 7:00:00 PM)

58.25

+0.34 (+0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.59%
1 Week1.89%
2 Weeks-1.2%
1 Month0.54%
3 Month7%
6 Month17.2%
12 Month18.71%
2 Year51.06%
3 Year46.8%
5 Year97.66%
10 Year147.24%
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%1.78%
ATR Inc-5.57%
Range Today0.96
ADR(20)1.02
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.56
3 months CRS72.77
6 months CRS75.16
Mansfield0.85
10 Day High59.06
10 Day Low56.22
20 Day High60.46
20 Day Low56.22
52 Week High60.46
52 Week Low46.45
CS1 End57.3
CR1 Start60.1
Volume & EV
DER(3)0.32%
DER(5)-0.01%
Volume954.68K
Volume Incr-45.28%
Vol(5)1.10M
Vol(50)1.42M

HYDRO ONE LTD / H.CA TA FAQ

What is the ChartMill technical rating of HYDRO ONE LTD (H.CA) stock?

ChartMill assigns a technical rating of 6 / 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.


Can you provide the RSI signal for HYDRO ONE LTD?

HYDRO ONE LTD (H.CA) has an RSI value of 54.3948. This indicates that the stock is currently neutral.


What is the MACD signal for H stock?

The MACD indicator for HYDRO ONE LTD (H.CA) has a value of -0.155606, indicating a bearish trend.


What is the support and resistance level for H stock?

HYDRO ONE LTD (H.CA) has a support level at 57.3 and a resistance level at 60.1. Check the full technical report for our detailed analysis of H.CA support and resistance levels.