INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:INE-PR-A - CA45790B5009
Overall INE-PR-A gets a technical rating of 9 out of 10. 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.
Although INE-PR-A has an excellent technical rating, it does not offer a high quality setup 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
17.41
We found 3 important support 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.
When analyzing the resistance we notice one important 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.
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. |
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 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.