HYDRO ONE LTD (H.CA) Stock Technical Analysis
TSX:H - CA4488112083 - Common Stock
49.71 CAD
-0.3 (-0.6%)
Overall H gets a technical rating of 3 out of 10. In the last year, H was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, H is a bad performer in the overall market: 61% of all stocks are doing better.
H is one of the lesser performing stocks in the Electric Utilities industry. 82% of 18 stocks in the same industry do better.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
In the last month H has a been trading in a tight range between 49.43 and 51.40.
Although the technical rating is bad, H does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 49.51, 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 4 important areas.
- A support zone ranging from 49.07 to 49.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.03 from a horizontal line in the daily time frame.
- Support @46.24 from a trend line in the weekly time frame.
- Support @43.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 49.74 to 51.06. 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 | 39.03 | NEUTRAL | H.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of H.CA is below 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) | 43.79 | NEUTRAL | The RSI value for H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests H.CA has a negative trend. |
| Stochastics (14,3) | 14.57 | OVERSOLD | The low Stochastics value suggests H.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.47 | NEUTRAL | The ADX value for H.CA suggests a possible start of a new 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 (9/2/2025, 7:00:00 PM)
49.71
-0.3 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.6%
1 Week-1.7%
2 Weeks-2.13%
1 Month0.1%
3 Month0.55%
6 Month5.12%
12 Month7.62%
2 Year43.75%
3 Year47.16%
5 Year76.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%1.28%
ATR Inc-14.99%
Range Today0.57
ADR(20)0.63
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.03
Mansfield-0.35
10 Day High51.39
10 Day Low49.43
20 Day High51.4
20 Day Low49.43
52 Week High53.98
52 Week Low42.52
CS1 End49.51
CR1 Start49.74
Volume & EV
DER(3)-0.36%
DER(5)-0.56%
Volume738.20K
Volume Incr45.63%
Vol(5)1.02M
Vol(50)767.53K