INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) Technical Analysis
TSX:INE-PR-A • CA45790B5009
Current stock price
INE-PR-A.CA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to INE-PR-A. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, INE-PR-A is showing a nice and steady performance.
- Warning: INE-PR-A has an average volume of 13468 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, INE-PR-A did better than 85% of all other stocks.
- INE-PR-A is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry. INE-PR-A outperforms 96% of them.
- INE-PR-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so INE-PR-A is leading the market.
- In the last month INE-PR-A has a been trading in a tight range between 24.86 and 25.38.
- Volume is considerably higher in the last couple of days.
INE-PR-A.CA Weekly and Daily overview Charts
INE-PR-A.CA Setup Rating and Analysis
Although INE-PR-A 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
INE-PR-A.CA Support and Resistance Analysis
17.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.71 to 25.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.12 to 24.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.59 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.36 to 25.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
INE-PR-A.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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for INE-PR-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INE-PR-A.CA is up. |
| ChartMill Relative Strength | 85.31 | POSITIVE | INE-PR-A.CA has a high relative strength, it outperformed 85.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INE-PR-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INE-PR-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INE-PR-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.57 | NEUTRAL | The RSI value for INE-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests INE-PR-A.CA has a positive trend. |
| Stochastics (14,3) | 94.85 | OVERBOUGHT | The high Stochastics value suggests INE-PR-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for INE-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.71 | NEGATIVE | The low ADX value for INE-PR-A.CA suggests a weak or negative trend. |
INE-PR-A.CA Chart- and CandleStick Pattern Analysis
INE-PR-A.CA Technicals: Chart, Performance Metrics, Trend & Indicators
INNERGEX RENEWABLE ENERG - INECN 3.244 PERP
TSX:INE-PR-A (7/22/2025, 7:00:00 PM)
25.34
-0.01 (-0.04%)
INNERGEX RENEWABLE ENERG - INECN 3.244 PERP / INE-PR-A.CA TA FAQ
What is the ChartMill technical rating of INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to INE-PR-A.CA.
What is the trend direction for INE-PR-A stock?
The current trend direction for INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) is Bullish.
What is the RSI signal for INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) stock?
INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) has an RSI value of 67.5682. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INNERGEX RENEWABLE ENERG - INECN 3.244 PERP?
The short term momentum for INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) is positive.
Can you provide the support and resistance levels for INNERGEX RENEWABLE ENERG - INECN 3.244 PERP?
INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) has a support level at 25.14 and a resistance level at 25.36. Check the full technical report for our detailed analysis of INE-PR-A.CA support and resistance levels.