NORTHLAND POWER INC (NPI.CA) Stock Technical Analysis
TSX:NPI - CA6665111002 - Common Stock
22.25 CAD
-0.14 (-0.63%)
Overall NPI gets a technical rating of 5 out of 10. In the last year, NPI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NPI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NPI is lagging the market slightly.
In the last month NPI has a been trading in the 20.72 - 22.74 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, NPI outperforms 49% of them, which is more or less in line with the market.
NPI is part of the Independent Power and Renewable Electricity Producers industry. There are 31 other stocks in this industry, NPI did better than 46% of them.
Although the technical rating is only medium, NPI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.19, a Stop Loss order could be placed below this zone.
More info and screens
20.39
23.71
3 important support areas can be observed.
- A support zone ranging from 21.88 to 22.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.01 to 21.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @20.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.86 to 23.04. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 23.45 to 23.48. 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 NPI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NPI.CA is neutral. |
| ChartMill Relative Strength | 49.29 | NEUTRAL | NPI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NPI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NPI.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NPI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.24 | NEUTRAL | The RSI value for NPI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NPI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.51 | OVERBOUGHT | The high Stochastics value suggests NPI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for NPI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.52 | NEUTRAL | The ADX value for NPI.CA suggests a possible start of a new trend. |
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)
TSX:NPI (8/29/2025, 7:00:00 PM)
22.25
-0.14 (-0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.63%
1 Week-0.13%
2 Weeks1.41%
1 Month-1.72%
3 Month8.75%
6 Month11.98%
12 Month7.85%
2 Year-12.92%
3 Year-50.51%
5 Year-39.09%
10 Year35.51%
15 Year48.73%
Volatility
ATR(14)0.44
ATR(20)%1.94%
ATR Inc-36.56%
Range Today0.27
ADR(20)0.41
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.29
Mansfield0.03
10 Day High22.6
10 Day Low22.01
20 Day High22.74
20 Day Low20.72
52 Week High23.85
52 Week Low16.14
CS1 End22.19
CR1 Start22.86
Volume & EV
DER(3)0.36%
DER(5)-0.44%
Volume586.98K
Volume Incr0.2%
Vol(5)749.59K
Vol(50)734.14K