NORTHLAND POWER INC (NPI.CA) Stock Technical Analysis
TSX:NPI - Toronto Stock Exchange - CA6665111002 - Common Stock - Currency: CAD
Taking everything into account, NPI scores 7 out of 10 in our technical rating. In the last year, NPI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NPI has a been trading in the 18.05 - 21.16 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, NPI turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
NPI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NPI is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although NPI 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
17.64
24.34
4 important support areas can be observed.
- A support zone ranging from 19.19 to 19.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.69 to 18.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.24 to 18.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.82 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.69 to 20.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.10 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NPI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NPI.CA is up. |
| ChartMill Relative Strength | 44.8 | NEUTRAL | NPI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NPI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NPI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NPI.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.65 | NEUTRAL | The RSI value for NPI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests NPI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.62 | OVERBOUGHT | The high Stochastics value suggests NPI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for NPI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.27 | NEGATIVE | The low ADX value for NPI.CA suggests a weak or negative 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 (5/21/2025, 7:00:00 PM)
20.55
-0.26 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.25%
1 Week4.1%
2 Weeks11.62%
1 Month10.72%
3 Month15.13%
6 Month4.31%
12 Month-12.92%
2 Year-30.99%
3 Year-46.43%
5 Year-35.46%
10 Year22.69%
15 Year54.05%
Volatility
ATR(14)0.6
ATR(20)%2.48%
ATR Inc-16.87%
Range Today0.45
ADR(20)0.48
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.8
Mansfield-0.28
10 Day High21.17
10 Day Low18.37
20 Day High21.17
20 Day Low18.05
52 Week High24.88
52 Week Low16.14
CS1 End19.3
CR1 Start20.69
Volume & EV
DER(3)-5.46%
DER(5)-1.72%
Volume1.42M
Volume Incr91.76%
Vol(5)1.30M
Vol(50)887.07K