NORTHLAND POWER INC (NPI.CA) Stock Technical Analysis
TSX:NPI - Toronto Stock Exchange - CA6665111002 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to NPI. Although NPI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
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 21.28 - 23.53 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 56% of all stocks.
NPI is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 41% of 37 stocks in the same industry.
NPI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
19.58
23.56
We found 3 important support areas.
- A support zone ranging from 22.36 to 22.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.27 to 21.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.78 to 20.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.05 to 23.33. 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 | UP | POSITIVE | The short term trend for NPI.CA is up. |
| ChartMill Relative Strength | 56.81 | 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) | 66.48 | NEUTRAL | The RSI value for NPI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NPI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.27 | OVERBOUGHT | The high Stochastics value suggests NPI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for NPI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.41 | POSITIVE | The high ADX value value for NPI.CA suggests a strong 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 |
|---|---|---|---|
| 23.34 | 22.43 | 0.91 (3.90%) | 25.00% |
| An entry @23.34. This is a Buy Stop order right above the resistance zone. | An exit @22.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.91 points, which is 3.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- 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 (7/18/2025, 7:00:00 PM)
23.04
-0.05 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.22%
1 Week0.83%
2 Weeks2.45%
1 Month5.54%
3 Month24.95%
6 Month19.75%
12 Month0.13%
2 Year-9.68%
3 Year-45.12%
5 Year-37.22%
10 Year44.09%
15 Year60.11%
Volatility
ATR(14)0.42
ATR(20)%1.77%
ATR Inc-20.37%
Range Today0.33
ADR(20)0.4
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.81
Mansfield0.46
10 Day High23.53
10 Day Low22.44
20 Day High23.53
20 Day Low21.28
52 Week High24.25
52 Week Low16.14
CS1 End22.37
CR1 Start23.05
Volume & EV
DER(3)-0.8%
DER(5)-0.97%
Volume885.05K
Volume Incr-3.17%
Vol(5)715.70K
Vol(50)771.41K