INNERGEX RENEWABLE ENERG (INE-DB-B.CA) Stock Technical Analysis
TSX:INE-DB-B - Toronto Stock Exchange - CA45790BAD60 - Currency: CAD
We assign a technical rating of 7 out of 10 to INE-DB-B. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, INE-DB-B is only an average performer.
The long and short term trends are both positive. This is looking good!
INE-DB-B is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When compared to the yearly performance of all other stocks, INE-DB-B outperforms 53% of them, which is more or less in line with the market.
INE-DB-B is part of the Independent Power and Renewable Electricity Producers industry. There are 41 other stocks in this industry, INE-DB-B did better than 44% of them.
In the last month INE-DB-B has a been trading in a tight range between 99.88 and 100.18.
Considerably lower volume is observed in the last couple of days.
Although INE-DB-B has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
91.77
101.99
We found 2 important support areas.
- A support zone ranging from 97.25 to 100.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 92.70 to 93.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 100.18 to 100.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.34
Mansfield0.04
10 Day High100.1
10 Day Low99.88
20 Day High100.18
20 Day Low99.88
52 Week High100.19
52 Week Low97
Performance
1 Week0.22%
2 Weeks0.15%
1 Month0.1%
3 Month0.35%
6 Month1.12%
12 Month2.88%
2 Year0.2%
3 Year-4.21%
5 Year-6.01%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)59.24
LBB99.88
UBB100.1
TSX:INE-DB-B (5/6/2025, 7:00:00 PM)
100.1
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0%
1 Week0.22%
2 Weeks0.15%
1 Month0.1%
3 Month0.35%
6 Month1.12%
12 Month2.88%
2 Year0.2%
3 Year-4.21%
5 Year-6.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.06%
ATR Inc-7.89%
Range Today0
ADR(20)0.02
ADR(20)%0.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.34
Mansfield0.04
10 Day High100.1
10 Day Low99.88
20 Day High100.18
20 Day Low99.88
52 Week High100.19
52 Week Low97
CS1 End100.01
CR1 Start100.18
Volume & EV
DER(3)0%
DER(5)0%
Volume30.00K
Volume Incr-48.8%
Vol(5)55.40K
Vol(50)345.32K