NORTHLAND POWER INC (NPI.CA) Stock Technical Analysis
TSX:NPI - Toronto Stock Exchange - CA6665111002 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to NPI. NPI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
NPI is part of the Independent Power and Renewable Electricity Producers industry. There are 39 other stocks in this industry, of which 71% are performing better than NPI.
NPI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month NPI has a been trading in the 17.40 - 19.87 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, NPI outperforms 41% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, 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 18.81. Right above this resistance zone may be a good entry point.
More info and screens
16.21
25.20
2 important support areas can be observed.
- Support @18.30 from a trend line in the daily time frame.
- Support @16.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 18.81 to 19.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.87 to 20.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.39 from a horizontal line in the daily time frame.
- Resistance @24.10 from a horizontal line in the weekly time frame.
- Resistance @24.95 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.96
Mansfield-0.83
10 Day High19.11
10 Day Low17.95
20 Day High19.87
20 Day Low17.4
52 Week High24.88
52 Week Low16.14
Performance
1 Week0.27%
2 Weeks1.3%
1 Month-4.29%
3 Month10.11%
6 Month-9.73%
12 Month-13.41%
2 Year-43.69%
3 Year-51.69%
5 Year-37.29%
10 Year8.58%
15 Year34.17%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)48.96
LBB18.14
UBB19.01
TSX:NPI (4/30/2025, 7:00:00 PM)
18.73
-0.13 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.69%
1 Week0.27%
2 Weeks1.3%
1 Month-4.29%
3 Month10.11%
6 Month-9.73%
12 Month-13.41%
2 Year-43.69%
3 Year-51.69%
5 Year-37.29%
10 Year8.58%
15 Year34.17%
Volatility
ATR(14)0.4
ATR(20)%3.01%
ATR Inc-54.25%
Range Today0.21
ADR(20)0.54
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.96
Mansfield-0.83
10 Day High19.11
10 Day Low17.95
20 Day High19.87
20 Day Low17.4
52 Week High24.88
52 Week Low16.14
CS1 End18.3
CR1 Start18.81
Volume & EV
DER(3)-1.59%
DER(5)-1.2%
Volume745.61K
Volume Incr-25.71%
Vol(5)584.99K
Vol(50)983.28K