HYDRO ONE LTD (H.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:H - CA4488112083 - Common Stock
Taking everything into account, H scores 7 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, H also presents a decent setup pattern. 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 53.63, a Stop Loss order could be placed below this zone.
More info and screens
47.40
We found 4 important support areas.
- A support zone ranging from 53.11 to 53.63. 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 51.41. 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 48.00. 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 54.17 to 55.32. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 60.47 | 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) | 52.8 | NEUTRAL | The RSI value for H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests H.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.7 | NEUTRAL | The Stochastics value for H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.39 | 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 |
|---|---|---|---|
| 54.18 | 53.44 | 0.74 (1.36%) | 25.00% |
| An entry @54.18. This is a Buy Stop order right above the 10 day moving average. | An exit @53.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.74 points, which is 1.36%. | For a 0.34% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of H. Please evaluate whether better entry and exit points can be found.
- 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 (1/9/2026, 7:00:00 PM)
53.95
-0.26 (-0.48%)
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 52.7977. 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 0.00593049, 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.