INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP (INE-PR-C.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:INE-PR-C - CA45790B7088
Overall INE-PR-C gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, INE-PR-C is only an average performer.
INE-PR-C has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.48
We found 4 important support areas.
- A support zone ranging from 24.80 to 24.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.36 to 24.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.17 from a trend line in the weekly time frame.
- Support @20.69 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.13 to 25.48. 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-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 | 65.37 | NEUTRAL | INE-PR-C.CA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of INE-PR-C.CA is above the rising 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) | 53.07 | NEUTRAL | The RSI value for INE-PR-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests INE-PR-C.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.83 | NEUTRAL | The Stochastics value for INE-PR-C.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for INE-PR-C.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for INE-PR-C.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 |
|---|---|---|---|
| 25.04 | 24.86 | 0.18 (0.72%) | 25.00% |
| An entry @25.04. This is a Buy Stop order right above the 10 day high. | An exit @24.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 0.72%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP
TSX:INE-PR-C (7/21/2025, 7:00:00 PM)
25
0 (0%)
INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP / INE-PR-C.CA FAQ
Can you provide the ChartMill technical rating for INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP?
ChartMill assigns a technical rating of 7 / 10 to INE-PR-C.CA.
What is the current trend direction of INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP (INE-PR-C.CA) stock?
The current trend direction for INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP (INE-PR-C.CA) is Bullish.
What is the RSI signal for INE-PR-C stock?
INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP (INE-PR-C.CA) has an RSI value of 53.0742. This indicates that the stock is currently neutral.
What is the short term momentum for INE-PR-C stock?
The short term momentum for INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP (INE-PR-C.CA) is positive.
What is the buy/sell signal for INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP (INE-PR-C.CA) stock?
The buy/sell signal for INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP (INE-PR-C.CA) is buy as both the short term and long term trends are positive.