NORTHLAND POWER INC (NPI.CA) Stock Technical Analysis
TSX:NPI - Toronto Stock Exchange - CA6665111002 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to NPI. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NPI is a bad performer.
65% of all other stocks performed better in the past year than NPI.
NPI is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 81% of 39 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
NPI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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.
Besides having an excellent technical rating, NPI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.75, a Stop Loss order could be placed below this zone.
More info and screens
19.05
22.87
We found 3 important support areas.
- A support zone ranging from 21.57 to 21.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.90 to 20.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.24 to 19.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.83 to 22.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.64 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for NPI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NPI.CA is up. |
| ChartMill Relative Strength | 35.57 | 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) | UP | POSITIVE | The current price of NPI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.35 | NEUTRAL | The RSI value for NPI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NPI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.27 | NEUTRAL | The Stochastics value for NPI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for NPI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.18 | 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)
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 |
|---|---|---|---|
| 22.15 | 21.56 | 0.59 (2.66%) | 25.00% |
| An entry @22.15. This is a Buy Stop order right above the resistance zone. | An exit @21.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.59 points, which is 2.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- The distance between exit and entry is rather small compared to the average daily movement of NPI. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:NPI (6/20/2025, 7:00:00 PM)
21.76
-0.07 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.32%
1 Week-0.32%
2 Weeks4.87%
1 Month7.51%
3 Month8.47%
6 Month20.29%
12 Month-7.09%
2 Year-21.24%
3 Year-43.21%
5 Year-35.96%
10 Year37.55%
15 Year58.25%
Volatility
ATR(14)0.41
ATR(20)%1.79%
ATR Inc-9.64%
Range Today0.45
ADR(20)0.37
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.57
Mansfield0.28
10 Day High22.31
10 Day Low20.7
20 Day High22.31
20 Day Low20.16
52 Week High24.74
52 Week Low16.14
CS1 End21.75
CR1 Start21.83
Volume & EV
DER(3)-1.56%
DER(5)-0.99%
Volume1.49M
Volume Incr9.7%
Vol(5)868.58K
Vol(50)772.10K