HYDRO ONE LTD (H.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:H • CA4488112083
We assign a technical rating of 5 out of 10 to H. In the last year, H was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- 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 82% of 18 stocks in the same industry.
- H is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so H is lagging the market slightly.
- When compared to the yearly performance of all other stocks, H outperforms 55% of them, which is more or less in line with the market.
- In the last month H has a been trading in a tight range between 52.29 and 54.82.
Although the technical rating is only medium, H does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 54.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.66, 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
4 important support areas can be observed.
- A support zone ranging from 53.02 to 53.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.26 to 51.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.75 to 55.32. 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 | NEUTRAL | NEUTRAL | The short term trend for H.CA is neutral. |
| ChartMill Relative Strength | 55.74 | NEUTRAL | H.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of H.CA is above a declining 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) | 54.62 | NEUTRAL | The RSI value for H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests H.CA has a positive trend. |
| Stochastics (14,3) | 71.27 | NEUTRAL | The Stochastics value for H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.5 | NEGATIVE | The low ADX value for H.CA suggests a weak or negative trend. |
TSX:H (1/30/2026, 7:00:00 PM)
53.83
+0.13 (+0.24%)
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 5 / 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 54.623. 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 0.0556172, 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 neutral.