TSX:INE-PR-C - Toronto Stock Exchange - CA45790B7088 - Currency: CAD
Taking everything into account, INE-PR-C scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, INE-PR-C is showing a nice and steady performance.
Besides having an excellent technical rating, INE-PR-C also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.96, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
20.08
5 important support areas can be observed.
We found 1 important resistance area.
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-C.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INE-PR-C.CA is up. |
ChartMill Relative Strength | 80.84 | POSITIVE | INE-PR-C.CA has a high relative strength, it outperformed 80.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INE-PR-C.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INE-PR-C.CA is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INE-PR-C.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.42 | NEUTRAL | The RSI value for INE-PR-C.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests INE-PR-C.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 91.49 | OVERBOUGHT | The high Stochastics value suggests INE-PR-C.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for INE-PR-C.CA suggests low volalility. |
Average Directional Index/ADX (14) | 32.04 | POSITIVE | The high ADX value value for INE-PR-C.CA suggests a strong 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 |
---|---|---|---|
25.01 | 24.84 | 0.17 (0.68%) | 25.00% |
An entry @25.01. This is a Buy Stop order right above the 10 day high. | An exit @24.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 0.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP
TSX:INE-PR-C (5/26/2025, 7:00:00 PM)
24.98
+0.08 (+0.32%)